News: Owners Developers & Managers

O'Callaghan of Binswanger Companies brokers 65,820 s/f lease for Kenexa

Timothy O'Callaghan, vice president of the Binswanger Companies has arranged for the lease of a 65,820 s/f office facility located at 343 Winter St. Kenexa, a global HR technology solutions company, executed a long term lease with National Development for the entire building. After acquiring Salary.Com in 2010, Kenexa consolidated both operations into the new facility allowing the company to adequately expand and meet their ever-growing demand. Numerous enhancements were made to the facility including additional office space, training rooms, conference areas, cafeteria and expanded parking. The facility features a three story office building of 21,940 s/f floor plates on 5.53 acres. Situated off of I-95 alongside many Fortune 500 companies, the buildings local amenities include hotels, retail shopping and several restaurant accommodations. National Development was represented in-house by Jerome Kyllingstad and by the team of Ron Friedman, Jonathan Varholak and Chris Mullen from Richards, Barry, Joyce & Partners. Headquartered in Philadelphia, PA, Binswanger is an international full-service real estate organization with offices worldwide throughout the U.S.A., Canada, Mexico and South America, the U.K. and Europe, the Middle East, and Asia.
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WinnCompanies acquires 290-unit housing property - begins $41.5 million rehabilitation

Chicopee, MA WinnCompanies has acquired a 290-unit affordable housing property in western Massachusetts in a deal that renews the community’s expiring affordability protections and kicks off a $41.5 million rehabilitation to address significant deferred maintenance.
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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
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

The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated