News: Owners Developers & Managers

Pilla and Obar of Paramount Partners broker $1.72 million sale of 775 Centre Street

Jamaica Plain, MA Richard Pilla and Sam Obar of Paramount Partners brokered the sale of a 3,560 s/f retail investment property at 775 Centre St. for $1.72 million to Hajjar Management Co. of Milton, Mass. Pilla and Obar represented the seller, TFS Newco LLC of Dallas, TX and procured the buyer.

775 Centre Street - Jamaica Plain, MA

Paramount Partners is a full-service commercial real estate solutions company with offices in Quincy, Mass.and Old Saybrook, Conn. As the New England member of Retail Brokers Network (RBN), Paramount can provide local market expertise in over 60 of the Country’s most dynamic markets.

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Columns and Thought Leadership
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

As the commercial real estate market continues to navigate the disruptive forces of rising vacancy rates and increasing operating costs, landlords are under pressure to find new levers to protect income and strengthen asset performance. Amid these challenges, onsite solar and battery storage – particularly when financed through third-party ownership models – are emerging not just as environmental upgrades, but as powerful financial strategies.
New Quonset pier supports small businesses and economic growth - by Steven J. King

New Quonset pier supports small businesses and economic growth - by Steven J. King

Quonset recently celebrated a milestone nearly 70 years in the making when federal, state, and local leaders joined us for the ribbon cutting of the new Terminal 5 Pier and Blue Economy Support Docks at the Port of Davisville.
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities – they are crucial documents that confirm the status of existing leases. Tenant estoppel certificates offer prospective buyers and lenders necessary assurance regarding the property’s financials and any