News: Owners Developers & Managers

Mulroy of O'Brien Commercial Properties, Inc. handles sale of 56 Newhall Street, Lowell, MA

R-Squared has recently purchased 56 Newhall St. from Carolyn's Folly Inc. for an undisclosed price. Paul Mulroy, senior vice president of O'Brien Commercial Properties, Inc. represented the seller and procured the buyer. R-Squared is a mid-market, full-service used furniture refurbisher servicing the metropolitan Boston area for over 18 years. Carolyn's Folly Inc. owned the property for over 25 years, previously housing a family business that was sold 2 years ago. Also, Time Value Property Exchange and several of its related companies have secured a lease for 2,380 s/f of office space the Concord office center at 2352 Main St. in Concord. Landlord R&G Partners LLC agreed to custom a design build a deluxe suite consideration of a 5 year lease term. O'Brien Commercial represents R&G Partners and procured the tenant.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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

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