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The Rubber Meets the Road with Realities of Resilient Reentry

Last year was a pivotal time for commercial real estate across Massachusetts, and while 2021 is showing promise, there is a long way to go before we get back to pre-pandemic market stability and growth. In addition to the vaccine rollout there are a few critical components to the successful and resilient reopening of the economy.

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On December 21, 2020, NAIOP Massachusetts, The Commercial Real Estate Development Association, joined several business groups and environmental groups to re-affirm their support of the Transportation & Climate Initiative (TCI) and applaud the Baker-Polito Administration’s leadership in developing the landmark regional project. The following is the accompanying joint press release.

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On September 22, in a landmark win for the commercial real estate industry, the Supreme Judicial Court (SJC) of Massachusetts unanimously affirmed the Land Court’s dismissal in Sudbury v. MBTA , holding that the prior public use doctrine is inapplicable when land owned by a public entity is conveyed to a private entity for a different use.

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