News: Owners Developers & Managers

Mulroy of O'Brien Commercial Properties handles 10,755 s/f in leases

Paul Mulroy of O'Brien Commercial Properties recently represented Drew and Co. LLC, the tenant, in leasing 7,012 s/f of space at 325 Ayer Rd. Drew and Co. LLC is owned by Andrew Pietras, who has recently acquired a wholesale rug and place mat company that he will be relocating from Pennsylvania. "We were able to negotiate a very good monthly rent to allow them to get up and running here in Mass. over the next few years" said Mulroy. The landlord, LTI Appleworks, was represented by Bill Sullivan of R.W. Holmes. In addition, Mulroy recently represented Esquire Five LLC, the landlord, in leasing 3,743 s/f of space at 5 Esquire Rd. in Billerica, Mass. The building is now fully occupied. The tenant, Prudential Cleanroom Services, specializes in cleaning and distributing clean room apparel. They will use this location for a new facility that services the state. Prudential was represented by Grubb & Ellis Co.
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
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,