News: Owners Developers & Managers

Wise Construction hires Thompson and Welch as construction superintendents

Wise Construction has added two new employees to its construction management team. Bob Thompson has been named superintendent for the company. He has considerable experience working with clients in the healthcare and pharmaceutical sectors. Also named superintendent is Jeff Welch. Welch has also worked extensively in healthcare and biotech. Wise Construction is a construction management company specializing in restoration and renovation projects for its clients in the healthcare, education, biotechnology and corporate sectors throughout the Greater Boston area. More than 90% of the company's projects are completed in highly sensitive, occupied spaces. Known for its exceptionally high level of client service, Wise excels in complex renovation projects, including challenging laboratory and research areas. Since 1984, Wise Construction has completed 1,500 laboratory projects, more than any other construction manager in the Boston area.
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btone FITNESS opens at RJ Kelly’s 40 Warren St. in Charlestown, MA

Charlestown, MA According to RJ Kelly (RJK), btone FITNESS Charlestown has officially opened at 40 Warren St. The new 1,500 s/f studio is the growing brand’s latest franchise to open and joins several other greater Boston locations including those in Back Bay,
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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
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,