News: Owners Developers & Managers

The Grossman Cos.' McKinnon brokers 14,000 s/f lease for landlord

Pharmaceutical developer EMD Serono, Inc., has renewed and expanded its lease at Ten 99 Hingham St., a first-class office building on the Hingham /Rockland line at the junction of Rtes. 3 and 228. The company will occupy a total of 14,000 s/f in the building. Richard McKinnon, director of brokerage services for The Grossman Companies, Inc., of Quincy, who represented the landlord, Rockland Haverstraw Trust LLC. EMD Serono was represented by Tony Meenaghan, EMD Serono's Director of Facilities. EMD Serono, Inc., is an affiliate of Merck. Its mission is discovering and developing medicines that address unmet medical needs including reproductive health, neurology and metabolic endocrinology. Last month financial services industry advisor Cutter Associates leased 7,757 s/f in the building. Ten 99 Hingham St.t consists of about 60,000 s/f set on a six-acre wooded site. The three-story building is distinguished by its continuous windows, large atrium and contrasting brick façade. Easy access to major highways and proximity to three hotels, restaurants and function facilities add to the location's attraction. It is opposite the commuter bus station.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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

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
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