News: Owners Developers & Managers

Synergy purchases $11.7 million office building from A.W. Perry Inc.

Synergy has purchased 100 North Washington St., from A.W. Perry, Inc. The 52,945 s/f class B office building was purchased for $11.7 million. "100 North Washington St. is a welcome addition to our Boston portfolio. It will enable Synergy to continue implementing its core strategy of acquiring and adding value to downtown office buildings," said Noah Hano, vice president of acquisitions, Synergy. 100 North Washington St. is a six-story office building located at the corner of North Washington and Medford Sts., in the Bulfinch Triangle area of the North End. The building is fully leased and occupied, including regarded tenants such as the law firm of Ruberto, Israel and Weiner, Boston Sand and Gravel, GCom2 Solutions, Mass Service Alliance, and Jobson Medical Information. The building was built expanded and upgraded in the mid-1980s, and the lobby has recently been renovated.
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Healey-Driscoll Administration seeks developer to transform former 72-acre school into 288+ home neighborhood

Lancaster, MA According to the Healey-Driscoll Administration, the Division of Capital Asset Management and Maintenance (DCAMM) has released a Request for Proposals seeking a developer to transform the 72-acre former Lancaster Industrial School for Girls property into a new, walkable neighborhood with at least 288 homes.
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Columns and Thought Leadership
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
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

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Revitalized Town Centers:  Retail??? - by Carol Todreas

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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