News: Owners Developers & Managers

RBJ's Varholak, McKenzie and Friedman handle 49,626 s/f lease

Richards Barry Joyce & Partners, LLC (RBJ) has brokered a new lease for National Development at 120 Presidential Way, Woburn, Mass. The 49,626 s/f lease with MediaTek Inc. brings the building to full occupancy. Part of the MetroNorth Corporate Center, 120 Presidential Way consists of 74,194 s/f of office space. MediaTek, a fabless semiconductor company for wireless communications and digital media solutions, will occupy space on the first and second floors of the three-story building. "MetroNorth Corporate Center is one of the region's premier office parks. It is attracting excellent tenants, due to its amenities, location and options for growth," said Jonathan Varholak, partner, Richards Barry Joyce & Partners. MetroNorth Corporate Center is a 1.2 million s/f master-planned campus. The park is served by a new interchange off I-93. National Development was represented in the lease by Jonathan Varholak, Brian McKenzie and Ron Friedman of Richards Barry Joyce & Partners. RBJ is the exclusive leasing agent for National Development's MetroNorth Corporate Center properties - 120, 150 and 200 Presidential Way. MediaTek was represented by Grubb & Ellis.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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,