Murphy PC Advises Yoga Studio in Lease Transaction

September 5, 2024-Murphy PC represented the owner of a yoga and fitness studio in the negotiation of a new lease agreement in its existing location in Boston, Massachusetts addressing legal issues, including the landlord’s recent conversion of the building to a condominium, pass-through expenses, repair and insurance responsibilities, and maintenance contracts.

Our client has built a strong community serving its neighborhood for over 10 years, helping clients achieve their physical and mental goals through personal training, Pilates, spinning, yoga, and group exercise instruction, and contributing to the mindfulness movement industry in the US, which is a $12.7 billion industry according to the Global Wellness Institute.

Murphy PC is a law firm based in Boston, Massachusetts providing legal services to developers, entrepreneurs, investors, and lenders in real estate and business transactions, including project development, acquisitions and sales, joint ventures, construction contracts, financing, leasing, and title insurance in residential, mixed-use, condominium, multi-family, office, retail, education, industrial, hotel, retail and restaurant transactions.

News & Insights

The Real Estate Cycle: Where We Are and What It Means

February 21, 2026 | Author:  David J. Murphy The Four Phases Commercial real estate moves through four generally recognized phases: recovery, expansion, hypersupply, and recession. JPMorgan Chase provides a useful overview of this framework (jpmorgan.com). During recovery, occupancy improves from its low point, but new...

Commercial Real Estate Sentiment Steady in Q1 2026 as Debt Availability Improves

February 20, 2026 | Author:  David J. Murphy The Real Estate Roundtable released its Q1 2026 Sentiment Index on February 20 (full report at rer.org). The overall index registered 66, down one point from the prior quarter. Senior CRE executives describe a market in the...

Preferred Equity Investment in a 188-Unit Multifamily Acquisition in Covington, Georgia

February 18, 2026-Murphy PC represented a Boston-based preferred equity investor who partnered with a sponsor in the acquisition of a 188-unit apartment community on 16.78 acres in Covington, Georgia. The transaction included the assignment and assumption of an existing Fannie Mae loan. Murphy PC negotiated...