GTI Properties, founded by Mario Nicosia nearly fifty years ago, is a significant player in the Boston real estate market, specializing in both residential and commercial properties. The company’s portfolio spans over one million square feet of office and retail space, alongside more than four hundred residential rental apartments, predominantly located in Boston's South End and St. Botolph neighborhoods.
Mario Nicosia's journey began in the late 1960s when he was captivated by the construction projects in Boston. After leaving his studies at Northeastern University, he became a rental agent and quickly transitioned to property ownership, focusing on renovation rather than leasing. His early efforts were concentrated in the St. Botolph area, where he collaborated with local property owners to enhance the district's landscape.
GTI Properties blossomed through both good times and daunting challenges. The 1970s real estate slump offered Mario a unique opportunity to negotiate favorable property deals for distressed real estate. His pivotal acquisitions and renovations began the transformation of the South End, particularly in the historically industrial zone along Harrison Avenue. By recognizing potential where others saw outdated structures, he played a key role in urban rejuvenation.
In 2001, to spearhead his revitalization efforts, Mario rebranded the area as SoWa, or South of Washington Street, aligning it with creative and artistic communities similar to SoHo in New York. This initiative helped to develop SoWa into a recognized destination, fostering a vibrant ecosystem of artists, designers, and innovative businesses. GTI Properties continues to attract a diverse range of tenants and supports a creative urban environment that contributes to the region's ongoing growth and stability.
Today, GTI Properties celebrates its lasting impact on Boston's evolving urban landscape, enhancing neighborhoods, and enriching the city's architectural community, exemplifying the importance of density in urban thriving. Their commitment to the community and proactive investment strategies have positioned them as a premier property management company in Boston.
