News: Owners Developers & Managers

KROHNE, Inc. begins construction of new HQ facility in Beverly, Mass.

Beverly, MA According to KROHNE, Inc., they plan for expansion in North America, including a long term commitment to manufacturing in the United States. 

The plan developed from several years of significant year on year growth. The long term regional strategy includes purchase of a new site in a light industrial park, a few miles from its current Peabody location. Construction of the new headquarters facility is well underway. CBRE worked as the broker for KROHNE. 

KROHNE will produce a variety of new and existing flow and level products, while continuing to serve as the main distribution hub to North American markets for all other products. Administration, sales, service and marketing, and a new training center will be located in the story facility.

The new production building will be interconnected to a new two-story office building, tripling the floor space compared to the existing Peabody facility. The facility will consist of 73,000 s/f manufacturing facility and 20,000 s/f office building. Production and distribution operations will be transferred to the new space after construction completion, estimated for early 2018. 

The design/builder/general contractor for the new facility is Connolly Brothers. KROHNE also working with a German architect named Nils Dubbick who is part of their ownership family.

“North America remains the largest market economy for industrial instrumentation product demand, said Brian Elliott, president. 

“It has the most industrialized and diversified economy and it is poised for substantial economic growth based on newly available oil and gas energy resources. In combination with an ever-expanding range of measurement instrumentation products, services and solutions for its industrial process customers, KROHNE, Inc. is poised for rapid economic expansion in the United States and neighboring countries.”

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
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

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,
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