News: Owners Developers & Managers

O'Brien Commercial Properties secures 45,200 s/f in Marlboro and Southboro

O'Brien Commercial Properties continues to lease space in the boroughs. O'Brien Comm'l. Props. recently completed five leases totaling over 45,000 s/f at industrial and flex locations within a half mile of exit 23C off I-495. Bret O'Brien represented Webco Engineering in a new lease of 12,432 s/f at 155 Northboro Rd. in Southboro. The company, which is relocating from their 16,000 s/f building which O'Brien Commercial properties sold at 45 Hopkinton Rd. in Westboro, manufactures custom equipment for the paper industry. O'Brien also represented Aspen Systems in a 10,770 s/f renewal at 24 Saint Martin Dr. located just off Rte. 495 exit 23C in Marlboro. Joel Aho of O'Brien Comm'l. Props. represented New England Optical Systems in a 7,500 s/f lease at 237 Cedar Hill St. At 257 Simarano Dr., O'Brien and Aho procured Qteros in a lease of the 8,900 s/f freestanding building I, while in the main building at the same address Eric O'Brien and Aho represented Simarano, LLC in a 5,600 s/f lease with Dotgain Systems.
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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,
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

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