The Stevens Group Sells 36,000 Sq. Ft. Industrial Building

Boston, News, Tenant Representation

Founded in 1980, The Stevens Group is a Boston-based commercial real estate brokerage and advisory firm with more than four decades of experience helping companies make informed real estate decisions. Today, our practice is centered on Corporate Real Estate Advisory & Tenant Representation, providing independent, conflict-free guidance to tenants and occupiers throughout Greater Boston and beyond.

We advise clients on site selection, negotiations for new leases, renewals, relocations, expansions, consolidations, and specialized office, R&D/lab, industrial and flex requirements. As the Boston affiliate of the International Tenant Representative Alliance (ITRA Global), we can also support clients across the U.S. and internationally while maintaining the senior- level, hands-on service of an independent firm.

The Stevens Group has been certified by the Women’s Business Enterprise National Council (WBENC) as a Women’s Business Enterprise (WBE) since 2011 and is proud to celebrate 15 years of certification in 2026.

What inspired you to start your company, and what has shaped your journey woman business owner in CRE?

The Stevens Group was founded by my parents, Mark and Debra Stevens, in 1980, and I joined the firm in 2013. My mother had a remarkable career in commercial real estate and showed me firsthand what was possible for a woman in the industry, while my father was an equally important mentor and supporter. Since Debra’s passing last year, carrying forward what they built has taken on added meaning. I am proud of our history and committed to positioning The Stevens Group for the future while preserving the integrity, reputation, and client focus that define us.

What are you most proud of about the company you’ve built? 

I am most proud of the trust we have earned and the long-standing relationships we have built with clients over more than four decades. Our size and independence allow us to stay closely involved, be responsive, and give objective advice. I also value that we have continued to evolve and stay current while remaining true to how we do business.

Celebrating 15 years as a certified women business enterprise is another milestone I am especially proud of.

What are you most excited about for your company and its future? 

I am excited to continue expanding the ways we support clients as their real estate needs become more complex. We have the advantage of being nimble, experienced, and highly personal in our approach, while our ITRA Global affiliation gives clients broader reach when they need it. I see the next chapter as thoughtful growth, interesting assignments, and continuing to strengthen our reputation as a trusted advisor to corporate occupiers.

What does being a woman-owned business mean to you, and what perspective would you share with women considering starting a business of their own? 

Being a woman-owned business is meaningful to me because it reflects how far opportunities for women in commercial real estate have come. CRE Brokerage is a demanding career, but I believe women can build successful businesses and careers in this industry without having to choose between professional growth and the other priorities in their lives. My advice is to seek out strong mentors and advisors, trust your expertise and create a culture that values high performance and flexibility. The right environment can make a meaningful difference in sustaining a rewarding career over time.

FOUNDED:  1980

HEADQUARTERS: Boston, MA

SPECIALTIES: Corporate Real Estate Advisory & Tenant Representation; Office, R&D/Lab, Industrial & Flex Requirements

MARKETS SERVED: Greater Boston/Massachusetts; and national and international supportand consulting

WOMAN-OWNED SINCE: 2011

April 2008

Boston, MA – Debra Stevens, CCIM and principal of The Stevens Group, recently sold the leasehold rights to a 36,000 sq. ft. industrial building located at 7 Tide Street in the Marine Industrial Park, Boston, MA.The property consists of 18,000 sq. ft. of industrial/service space on the first floor, and 18,000 sq. ft. of office/flex space on the second floor. The building sits on 1.30 acres of land under a long term ground lease with the EDIC and The City of Boston. The property has been occupied by the owner, ThermoKing, after they were relocated from their previous location to make room for the Boston Convention Center.

The building attracted a great deal of attention as a free standing industrial building with ample loading and the ease of access to the park as a result of the completion of the Ted Williams Tunnel and the Big Dig. The building was purchased by Reflex Lighting, which will occupy the building. Launched in 1981, Reflex lighting is Boston’s leading supplier for commercial and architectural grade lighting products,

The Stevens Group represented the owner, ThermoKIng, and procured the buyer. The Stevens Group is a commercial real estate advisory firm located in Boston, MA specializing in representing corporate clients in the leasing, acquisition and disposition of commercial real estate. The Stevens Group is a member/partner of ITRA, the International Tenant Representative Alliance, with 65 offices is major cities around the world.

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