Conroy Plans $8-Mil R&D Project in Southern Massachusetts Suburbs

MEDWAY, MA-Continuing the expansion of Greater Boston’s commercial market into the outlying suburbs, a local developer is proposing a 162,000 sf R&D building in this southeastern Massachusetts community. Conroy Development Corp. of Stoughton has filed a notification with state environmental officials of its plans for the single-story structure at 51 Alder Rd.

“I think they will do well with it,” says Hughes Property Corp. president Scott R. Hughes, a veteran real estate broker familiar with the project. “It’s a good location and [Conroy] does good work. If they can get it in the ground by spring, and as long as they price it competitively, they should see a lot of interest.”

Calls to Conroy founder Terry Conroy Sr. were not returned by press deadline, but the firm has told state officials that it hopes to begin work on the $8-million project later this fall. The company anticipates an opening sometime next summer, if successful. The building would reportedly feature about 30% office space, while the remainder would be a mix of light manufacturing and assembly space.