 (1).png)
News:
Owners Developers & Managers
Posted: May 9, 2025
Prolman Realty Inc. and Binswanger complete
$6.8 million sale to W.H. Bagshaw Co., Inc.
Hudson, NH Prolman Realty, Inc. has completed the sale of 11 Executive Dr. to W.H. Bagshaw Co., Inc. Mark Prolman represented the buyer and Nick Biedron and John Harris of Binswanger represented the seller, Semikron Danfoss, Inc.
11 Executive Dr. is comprised of two industrial buildings totaling 56,595 s/f. The front building was built in 1976 and totals 37,610 s/f. The back building was built in 1981 and totals 18,985 s/f.
“W.H. Bagshaw will be occupying the front building to manufacture precision components with CNC equipment to the medical, aerospace, defense and high tech industries,” said Adria Bagshaw, chief validation officer and Aaron Bagshaw, chief visionary officer. W.H. Bagshaw has been manufacturing quality products since 1870.
Financing was provided by Enterprise Bank under the leadership of Deb Novotny and Peter Rayno along with the Business Finance Authority.
Legal representation and closing execution was professionally provided by Kelly Shanahan Esquire, Dalton & Finegold, LLP.
According to the Hillsborough County Registry of Deeds, the sale price was $6.8 million.
MORE FROM Owners Developers & Managers
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
.png)
 (1).png)
Columns and Thought Leadership
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
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
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
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