News: Owners Developers & Managers

The Conrad Group negotiate lease at Norwell Corp. Center on behalf of the owner, Foxrock Properties

The Conrad Group has recently negotiated a long term lease at Norwell Corporate Center on behalf of the owner, Foxrock Properties. The new tenant is Thorbahn Associates, a leading provider of employee benefits. Conrad was assisted by Paul McCourt and Jim McEvoy, also of The Conrad Group. Thorbahn Associates will be relocating its headquarters from Crown Colony Office Park in Quincy. According to Robert Conrad, president of The Conrad Group, "We are extremely happy to add Thorbahn Associates to our tenant roster at Norwell Corporate Center. They will join Aramark Industries and TriCore Systems who also recently moved into the building." Norwell Corporate Center is a 120,000 s/f office building which has recently been renovated by Foxrock Properties following their acquisition of the building last year. The building offers amenities not typically offered in South Shore properties. They include a full service 5,000 s/f cafeteria, mens' and ladies' locker rooms and showers and a complete fitness center. In addition, there is free storage and service retail establishments within the building.
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The Westin Portland Harborview to host exclusive VIP pop-up with The Woods Maine July 24–26

Portland, ME The Westin Portland Harborview will introduce an exclusive, limited-time pop-up shop with The Woods Maine, taking place July 24–26 in the city’s Arts District. This elevated retail experience brings The Woods Maine, the acclaimed Maine lifestyle brand behind the popular retail shop in Norway, Maine, directly to hotel guests and the local community.
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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,
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
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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