Hunneman Closes 2025 with Over a Quarter of a Billion Dollars in Real Estate Sales
Boston-Based Commercial Real Estate Provider Increased Property Management Portfolio by Over 66 Percent in 2025
Boston, MA (January 7, 2026) – Hunneman, New England’s premier, full-service commercial real estate provider, closed out 2025 with impressive totals across its core services lines, including leasing, property management, and investment sales, completing more than $260 million in sales and over 2.5 million square feet of transactions on behalf of clients across a variety of industries and property types including life science, multifamily, industrial, office, and medical space. Expanding upon its property management expertise, the firm now oversees a portfolio in excess of 16.6 million square feet throughout New England. And in spite of a challenging market, Hunneman brokered over 1.9 million square feet of leases on behalf of its landlord and tenant clients in 2025.
“We are thankful to all our clients who trust us in leasing, selling, managing, and providing the highest level of service and industry expertise for their properties in New England and elsewhere around the country,” said Steve Prozinski, CEO and COO of Hunneman. “In the last year, we have seen remarkable growth across our business lines, including major expansions in our property management portfolio and brokerage services. Our work in 2025 is a reflection of the success of our clients and the dedication of our team in fulfilling Hunneman’s mission to deliver market expertise, integrity, and personalized service.”
The investment sales teams marked 2025 by completing over 30 sales totaling more than $260 million across Massachusetts, New Hampshire, and North Carolina. Two recent transactions include the $17.5 million sale of 2 Iris Court, a garden-style apartment community in Acton, Mass., which was stabilized with strong existing cash flow, providing the buyer with an excellent opportunity to acquire a sizable property in a premier suburban location. Additionally, the $6.5 million sale of an 81,961-square-foot, seven-building, mixed-use portfolio encompassing 15 commercial suites and 46 apartments on High Street in Holyoke successfully closed before year end. Hunneman’s Investment Sales team of Carl Christie and Dan McGee represented the sellers of Iris Court and the Holyoke portfolio in these transactions.
Hunneman also brokered over 1.9 million square feet in leases representing tenant and landlord clients alike. Notable deals from the year included the execution of seven new office leases totaling 50,339 square feet at 201 Broadway in Cambridge in partnership with The Davis Companies. The activity at 201 Broadway represented the most leases executed of any individual office property in Cambridge in 2025. Another significant transaction included the 70,872 square-foot industrial lease at 200 Danton Drive in Methuen on behalf of the building’s tenant CMC North America, serving as the company’s new headquarters. These deals, among the over 90 leasing transactions executed throughout the year, exemplify the firm’s expertise across markets and its ongoing commitment to client success.
The year was marked by a sizable increase in Hunneman’s property management portfolio of over 66 percent, with the addition of over 6.4 million square feet of properties across 31 new assets managed across New England. Notably, the team expanded its industrial portfolio with additions including 241 Francis Ave in Mansfield, where the team also brokered a 96,000-square-foot lease for US Lumber Group on behalf of the landlord, Oliver Street Capital.
Hunneman’s activity in 2025 further solidifies its stellar reputation as a trusted leader in Greater Boston’s commercial real estate market. With a continued focus on performance and leveraging its local ownership, Hunneman is prepared to drive new growth and exceptional results in the coming year.
About Hunneman
Hunneman is New England’s premier, full-service commercial real estate provider. Since 1929, Hunneman has supplied leasing and advisory, property management, appraisal and consulting, capital markets, investment sales, and research and marketing services to its broad portfolio of clients throughout New England With over 16 million square feet of office, industrial, flex, multifamily, and retail properties under management, and $4.0 billion in sales across over 800 transactions, Hunneman is the largest independently owned firm in Boston. For more information and updates on Hunneman, visit www.hunnemanre.com, or follow along on LinkedIn, Instagram, X (formerly known as Twitter), and Facebook.
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Julianne Hester
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