News: Owners Developers & Managers

Martignetti of Avenue Management arranges 6,503 s/f in three leases at 237 Lexington Street

Woburn, MA According to JP Martignetti of Avenue Management they have adding three new tenants to the class A office property at 237 Lexington St., bringing the property to over 97% occupied. Vtech Telecom LLC, Meyer Orthodontics PC and Promedical LLC have all signed on, bringing additional elements to the tenant mix with focuses on medical and technology services. The three leases total 6,503 s/f.

237 Lexington St. features an impressive three level atrium with a cherry finished floating staircase and ample natural light. Tenants including a health and fitness center, bank and dentist provide additional amenities to employees and clients while encouraging marketing exposure for cross pollination. The property includes free parking, signage opportunities and on-site management.

Tenants enjoy the proximity to retail shopping and restaurants with this fantastic location with nearby Wayside Commons and the Burlington Mall. The central location provides ease of access to surrounding communities including Lexington, Winchester, Burlington and Woburn as well as access to I-95 and the MBTA.

MORE FROM Owners Developers & Managers

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
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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