News: Owners Developers & Managers

Normandy R.E. Partners completes 49,548 s/f lease

Normandy R.E. Partners completed a lease for 49,548 s/f with Quincy College at 150 Newport Ave. Richards Barry Joyce & Partners represented Normandy while Key Realty represented Quincy College. 150 Newport Ave. is a four-story, 121,417 s/f first-class office building. The property is adjacent to the North Quincy MBTA station. Normandy acquired the property as its first Mass.acquisition. The Quincy College lease, combined with a 71,869 s/f lease signed with British Telecom, brings the building to full occupancy. 150 Newport Ave. is undergoing an amenity renovation with more than $1.5 million in improvements. Michael Frisoli, a partner at RBJ, with Cal Hudak brokered the leases. Normandy Real Estate Management is the on-site property manager. The Walsh Co. is acting as owner's rep. and is overseeing the renovations.
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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

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
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