News: Owners Developers & Managers

Witten and Nolletti of Marcus & Millichap handle $21.15 million 231,072 s/f sale

Steve Witten and Victor Nolletti of Marcus & Millichap Investment Real Estate Services were the sole brokers in the sale of the East Farm Village Apartments for $21.15 million. Located at 55 & 65 Messina Dr., East Farm Village consists of 7.67 acres with a 240-unit multifamily rental property. The property has two buildings, including a 204-unit, 3 to 10-story building and a 36-unit, 3 to 4-story building. The total area is 231,072 s/f and a NLA of 173,900 s/f. The seller was East Haven Real Estate Associates LP and the buyer is 65 Messina Dr., LLC which was represented by Al Ippolito of Fasano, Ippelito & Lee and Rolan Joni Young of Berchem, Moses & Devlin, P.C.
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Columns and Thought Leadership
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
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

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,