 (1).png)
News:
Owners Developers & Managers
Posted: May 12, 2010
Richardson and McCarthy of Jones Lang LaSalle execute $3.3 million sale
Jones Lang LaSalle (JLL) has executed the sale of 2 Elizabeth Dr. Hittite Microwave Corp. purchased the 105,000 s/f first class office building from Sovereign Bank. The sale price was $3.3 million.
The JLL team serving as advisors on this assignment was senior vice president Peter Richardson and former vice president Flory McCarthy.
According to JLL's Richardson, "This building perfectly met Hittite's needs and will accommodate their growth program going forward. Its location less than a mile from their world headquarters at 20 Alpha Rd. was a major factor in the decision."
The property is comprised of two 50,000 s/f office building connected by a three-story atrium lobby.
MORE FROM Owners Developers & Managers
Windsor approves redevelopment of 500 Day Hill Rd. for mixed-use residential community
Windsor, CT The town has granted approvals for the redevelopment of 500 Day Hill Rd., clearing the way for a mixed-use residential community that will convert a former office campus into a housing development totaling approximately 300 residential units
.png)
Columns and Thought Leadership
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
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,
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
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