News: Owners Developers & Managers

Sutton of NAI Hunneman represents Uber Technologies in 3,201 s/f lease

NAI Hunneman has brokered a 3,201s/f lease at 186 South St. to Uber Technologies. NAI Hunneman senior associate Ben Sutton represented Uber. The landlord, 186 Realty Trust, was self-represented. Based in San Francisco, Uber is an on-demand car service that allows users to request a ride via iPhone or Android applications, text messaging or the Web. The company is relocating to 186 South St. from the city's Seaport District. Located close to South Station in the city's Leather District, 186 South St. is a 38,000 s/f office building with ground-floor retail space. "We are very pleased to have helped Uber find top-quality space just outside of Boston's trendy Innovation District," said Sutton. "Uber's new South St. office has the added benefit of being close to the city's Financial District and South Station, providing a prime location at an affordable lease rate."
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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
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Columns and Thought Leadership
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
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