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MassDevelopment, Nuveen Green Capital, and Millennium Partners finalize $281m financing for Millennium Residences
Finance

MassDevelopment, Nuveen Green Capital, and Millennium Partners finalize $281m financing for Millennium Residences

Boston, MA MassDevelopment, Nuveen Green Capital, and Millennium Partners have finalized $281 million in private financing for the Millennium Residences at Winthrop Center in downtown under the state’s Property Assessed Clean Energy (PACE) Massachusetts program. This project represents the largest commercial PACE financing to date in New England.
Breakthrough Properties completes sale of 232 A St. development site to P&G Gillette
ODM

Breakthrough Properties completes sale of 232 A St. development site to P&G Gillette

South Boston, MA Breakthrough Properties, a premier global life science real estate developer, has finalized the sale of its 232 A St. development site to P&G Gillette, following Gillette’s previously announced plans to establish its new Grooming Headquarters and Technical Innovation Center at the site.
Abbot Building Restoration Company, Inc. completes first phase of complex masonry restoration and repair project in Cambridge
CDE

Abbot Building Restoration Company, Inc. completes first phase of complex masonry restoration and repair project in Cambridge

Cambridge, MA Abbot Building Restoration Company, Inc. has completed the first phase of a complex masonry restoration and repair project at the Cambridge Courtyard condominiums located in Central Sq. The property consists of two brick and stone mixed-use buildings with a recessed courtyard in the middle.
Colwen Hotels celebrates opening of the first hotel in Portland’s Thompson’s Point - Residence Inn by Marriott and Moxy Hotel
ODM

Colwen Hotels celebrates opening of the first hotel in Portland’s Thompson’s Point

Portland, ME Colwen Hotels celebrated the opening of Residence Inn by Marriott and Moxy Hotel Portland Thompson’s Point, the first hotel in the city’s Thompson’s Point district. Developed by XSS Hotels and managed by Colwen Hotels, the five-story, dual-branded property introduces 148 guestrooms to one of southern Maine’s fastest-growing waterfront destinations.
Easterseals NH and PROCON celebrate Phase II groundbreaking for Military & Veterans Campus
CDE

Easterseals NH and PROCON celebrate Phase II groundbreaking

Franklin, NH Easterseals NH and PROCON’s design and construction team celebrated the groundbreaking of Phase II of its Military & Veterans Campus, marking the next milestone in the continued transformation of the first-of-its-kind campus dedicated to serving military members, Veterans, first responders, and their families.
The Stubblebine Company facilitates sale of 134,000 s/f portfolio to Seyon Group Acquisitions, LLC for $28.15 million
Brokerage

The Stubblebine Company facilitates sale of 134,000 s/f portfolio to Seyon Group Acquisitions, LLC for $28.15 million

Marlborough, MA The Stubblebine Company has completed the sale of a 134,000 s/f Class A flex portfolio located at 261 Cedar Hill St. and 753 Forest St. for $28.15 million to Seyon Group Acquisitions, LLC.

NEREJ's 2026 Ones to Watch - Innovators in CRE Spotlight

Innovation in commercial real estate comes in many forms—from new technology and smarter processes to creative problem-solving, stronger collaboration and forward-thinking leadership. Publishing August 28, NEREJ's latest Ones to Watch: Innovators in Commercial Real Estate spotlight recognizes the individuals, teams and companies helping shape the future of our industry.
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Combined Properties renews 164,095 s/f lease to Conduent, Inc.

Lynnfield, MA According to Combined Properties, Inc., Conduent Inc., a leader in document technology and services for more than half a century, has renewed its lease of 164,095 s/f at 66-70 Broadway. The complex has served Conduent and prior affiliates since 1996.
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Maugel DeStefano Architects designs restoration of White Cliffs Mansion

Northborough, MA According to Maugel DeStefano Architects, design is underway for the restoration of the historic White Cliffs Mansion. Developed by Brookfield, CT-based Elegant Banquets, the mansion was originally constructed in 1886 as the summer estate of industrialist Daniel B. Wesson.
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Articles and Opinions from Our Contributors
Value engineering: When to do it and what to expect from it - by Thomas Dionne
In our first white paper we defined what value engineering (VE) is; to recap – Value Engineering is an additional layer of cost analysis that the construction manager can perform to arrive at an improved functionality-to-cost ratio, without sacrificing quality.
Boston’s FIFA World Cup 26: A different  kind of win for the lodging market - by Sebastian Colella
When Boston was selected as a host city for FIFA World Cup 26, expectations for the region’s lodging market were enormous. Hotels prepared for what many believed would be one of the largest demand events in the city’s history.
How property reserves work in a Delaware Statutory Trust (DST) - A practical comparison to direct real estate ownership - by Dwight Kay
This article explains why Delaware Statutory Trust (DST) investors may report taxable income that exceeds their actual cash distributions – a concept that mirrors decades of standard practice in direct commercial real estate ownership.
Repeatable routine in commercial real estate - by Daniel Gardner
For some context, I quit a perfectly good salary-and-benefits job with roughly $500 to my name. Looking back, it was either incredibly brave or one of the worst financial decisions of my life. Fortunately, it worked out. Remember, I have a real estate license now in addition to that $500, and I was now working as a rental agent in Newton Centre.
IREM Boston chapter president’s message:  Where education, community, and opportunity meet  - by Yoany Vargas
A career in property management is much more than overseeing buildings; it’s also about shaping communities, elevating living experiences, and creating environments where people can
Featured Industrial Perspective: Understand your land - Site optimization strategies for industrial development in New England - by George Green
>In today’s industrial market, land value is defined not only by location, but by how effectively a site can support current and future development and operations. Across New England, developers, owners, and tenants face unique challenges including limited available land, aging infrastructure, utility constraints, complex entitlement processes, and increasing pressure to maximize every acre.