News: Front Section
Posted: December 29, 2017
2017 Annual Review: Dennis Serpone of The National Restaurant Exchange
What was your greatest professional accomplishment in 2017? We celebrated our 37th anniversary with 20 brokers...breaking last year's record for completed sales and consulting projects.
What was your most notable project, deal, or transaction in 2017? In addition to numerous million dollar restaurant deals, our hotel division, THE HOTEL EXCHANGE, is representing a $40M hotel sale in the Hamptons.
What are your predictions for commercial real estate in 2018? With the euphoria created by Trump's apparently successful tax system's overhaul, there appears to be a plethora of companies with money to feed the masses of commercial projects. Merger & acquisitions this coming year should eclipse all prior years. The roads are paved with gold!
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McEvoy of The Conrad Group brokers $2.9 million sale of industrial building
Hingham, MA The Conrad Group has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
Columns and Thought Leadership
Investing in a falling rate environment - by Harrison Klein
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
It’s time to get creative with closed college campuses - by Christian Koulichkov
Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in
5 Questions to ask when choosing a real estate broker - by Elizabeth Perez Barlett
>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.
The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty
As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.