News: Owners Developers & Managers

Klemmer and Brodigan of Klemmer Associates broker $1.6 million sale

Klemmer Associates, LLC was the sole broker in the recent sale of a 13,400 s/f office building at 7 First Ave. in Centennial Park to North Shore Plastic Surgery (NSPS). Tim Brodigan and Greg Klemmer of Klemmer Associates brokered the transaction. The building sits on 1.5 acres and was originally constructed in 1966. NSPS will undertake extensive renovations which are currently underway before relocating from their current location at 4 Centennial Dr. Building sold for $1.6 million. Joe Smith, business manager of NSPS commented that they were very pleased with the whole process and how smooth everything went. "We are looking forward to having a state-of-the-art facility for our patients in a very convenient location on the North Shore," said David Wages, M.D. owner of NSPS.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and