News: Owners Developers & Managers

Majewski of CB Richard Ellis - N.E. Partners, LP executes 62,805 s/f lease for Behringer Harvard REIT I, Inc.

CB Richard Ellis - N.E. Partners, LP (CBRE/NE) has executed a lease at 15 Wayside Rd. Sybase, an industry leader in delivering enterprise and mobile software, will occupy 62,805 s/f at the building beginning in November. The space will serve as their new corporate headquarters. CBRE/NE's Andy Majewski, executive vice president/partner, represented landlord Behringer Harvard REIT I, Inc. Jones Lang LaSalle (JLL) vice presidents Tyler Spring and Larry Bell represented the tenant. "Burlington Office Park is an institutional-quality office complex with a top-tier landlord and is located in one of Boston's most vibrant submarkets," said Majewski. "We are excited to welcome Sybase to Burlington Office Park." Burlington Office Park is a distinct class A office complex totaling 270,000 s/f. The park consists of 5 & 15 Wayside Rd. and offers premier finishes and amenities including a fitness center, full-service cafeteria, on-site management, and large and flexible floor plates.
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Barnat Development begins work on Phase II of Holmes Beverly - construction led by NEI General Contracting

Beverly, MA Barnat Development has begun construction on Holmes Beverly Phase II, adding 52 apartment homes adjacent to the existing development near the Beverly Depot MBTA commuter rail station. The project is financed through the newly launched Holmes Opportunity Zone Fund, focused on investing in new multifamily construction projects across New England. $10 million of Holmes OZ Fund equity is paired with $21 million in long-term
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Columns and Thought Leadership
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
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