News: Owners Developers & Managers

Roe, regional director at Jones Lang LaSalle, named national construction leader

According to Jones Lang LaSalle (JLL), their project and development (PDS) regional director Dermot Roe has been appointed to also lead the company's national construction business. In his new role Dermot will focus on the continued growth and development of the business in the existing five markets of Boston, Washington, DC, Philadelphia, Chicago and San Francisco. Dermot has over 20 years of real estate development and construction experience throughout the U.S. in all property types. His primary focus is in commercial base building construction and tenant improvements. He headed JLL's construction group in the Midwest region. Large scale assignments underway or completed under Dermot's direction include: a major renovation of the YMCA of Greater Boston's flagship facility at 316 Huntington Ave.; the construction of 670 Albany St. in the city's BioSquare complex; development of Pleasant St. Residential for Harvard University; renovation and construction for Stratus Computer in Maynard; projects for various tenants in CambridgePark, Cambridge; and the construction of nine commercial buildings with a retail marketplace at New England Executive Park.
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WinnCompanies acquires 290-unit housing property - begins $41.5 million rehabilitation

Chicopee, MA WinnCompanies has acquired a 290-unit affordable housing property in western Massachusetts in a deal that renews the community’s expiring affordability protections and kicks off a $41.5 million rehabilitation to address significant deferred maintenance.
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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
The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
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

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