News: Owners Developers & Managers

Project of the Month: Advantage Construction and John D. Murphy Co. continue work on 20,000 s/f retail development

Advantage Construction, Inc. broke ground on a 20,000 s/f retail development located on Rte. 1 at 555 Boston Providence Hwy. last summer and is almost complete. This is the second project that Advantage Construction is providing construction management services on for the J.D. Murphy Company. The center is located across the street from the newly expanded Walmart store and has tremendous visibility. The center is being developed on a speculative basis but it will benefit from the convenient location. The building, designed by W.A. McKinnon Associates located in Weymouth, Mass., was designed to offer flexible spaces for a variety of different retailers including a possible restaurant. J.D. Murphy has signed and construction is underway on the following: * Milan Nail and Spa, will be occupying 2,400 s/f and will be opening in June. * Salon Bene' will be occupy 2,400 s/f and will be opening in June. * Piezoni's Pizza will occupy 2,400 s/f and will be opening in July. * Bay State Endodontics, Matt Fisher DDS, will also be occupying 2,400 s/f and will be opening in August. J.D. Murphy also has a letter of intent on a wireless provided and the lease is out for signature. They will also be occupying 2,400 s/f and will be opening in August. They also recently obtained, by a private petition, a full liquor license and a beer and wine license. There are also proposals out to a jeweler, a bank, and two restaurant uses for the remained of the space. The project team included: * General Contractor: Advantage Construction, Inc. * Financing: Walpole Co-Operative Bank * Exclusive Leasing Agent: Wluka Real Estate Co. * Fire Systems: New England Fire Systems, Inc. * Roofing: New Century Roofing LLC.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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

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
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