News: Owners Developers & Managers

Nicoletti, Clancy/CBRE complete two leases for Normandy totaling 26,266 s/f

Normandy Real Estate Partners completed two lease transactions totaling more than 26,000 s/f at Dedham Place, 3 Allied Dr.  In the first transaction, Metatomix, Inc., a leading provider of semantic solutions to financial services, justice, manufacturing and life sciences organizations, signed a new lease for 12,130 s/f. Metatomix represented by Ty Janney of C&W, will relocate from Waltham. In the second transaction, Open Channel Solutions (OCS), a leading global provider of software subscription and e-business management solutions that enable software-as-a-service, signed a lease for 14,136 s/f. OCS, represented by Taryn Wilson and Lance Carlton of Grubb & Ellis, will relocate its operation from Norwood.James Nicoletti and Steven Clancy, both executive vice presidents/partners of CB Richard Ellis/New England, represented Normandy in both transactions. "These two leases are perfect examples of companies looking for a building that possesses the level of amenities and accessibility that Dedham Placeoffers. The demand for a quality building such as Dedham Place is growing, especially given the low vacancy along the Route 128 corridor," says Raymond Trevisan, a principal in Normandy who oversees the firm's leasing activities. Nicoletti said demand for space along Rte. 128 is strong. "With prices rising, companies want to know they are getting a quality product for their investment. "Dedham Place offers both the convenience of Rte. 128 as well as the amenities companies are looking for."  
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,
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

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