News: Owners Developers & Managers

McKinnon of The Grossman Companies, Inc. represents Braintree Executive Park, LLC in 4,738 s/f lease to Bank of America

Bank of America has renewed its lease for 4,738 s/f of first-class office space at Braintree Executive Park, 150 Grossman Dr. Richard McKinnon, director of brokerage services for The Grossman Companies, Inc., represented the landlord, Braintree Executive Park LLC, in lease negotiations. Bank of America was represented by Tom Hanson and Nat Kessler of CBRE. Braintree Executive Park consists of two class A mirror-twin office buildings at 100 and 150 Grossman Dr. off Rte. 3 at Union St. The property, currently undergoing major renovations, provides highway access and visibility, within walking distance of public transportation. Among other long-time Braintree Executive Park tenants are Rockland Trust Co., Tremont Federal Credit Union, Harvard Vanguard Medical Associates, Systems & Methods, Inc., The New Dental Group, Galileo Press, American Red Cross, Strategic Staffing Solutions, and Manpower International, to name a few. The Grossman Cos. offers a full range of brokerage services, with a focus on sales and leasing of commercial property throughout New England.
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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
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

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,
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