News: Owners Developers & Managers

NAI Hunneman handles 23,397 s/f lease at Waverley Oaks Office Park

NAI Hunneman's suburban leasing group has negotiated a 23,397 s/f office lease for Springwell Inc. at 307 Waverley Oaks Rd. Vice president Evan Gallagher and senior vice president Steve James represented Springwell in the transaction while Duffy Properties, the landlord, represented themselves. Built in 2001, 307 Waverley Oaks Rd. is a four-story, 142,663 s/f building located in the Waverley Oaks Office Park. It's situated near Rte. 128, Rte. 2 and the Mass. Tpke. Gallagher said, "Waverley Oaks Office Park not only serves as a great geographic location for Springwell, but it also offers the type of long-term and responsive ownership structure that our client was striving for." "We are excited to welcome such a quality organization like Springwell to our growing roster at Waverley Oaks Office Park," said Bob Duffy, Jr, principal at Duffy Properties. "The NAI Hunneman team worked seamlessly with us to complete this transaction and secure another great tenant for the building." NAI Hunneman's Suburban Leasing Group, which includes James Boudrot, Brendan Daly, David Gilkie, Evan Gallagher, Stephen James and Michael McCarthy, specializes in the representation of tenants and landlords in the Greater Boston suburbs and along Rte. 128 and I-93.
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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,
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
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