News: Front Section

2017 Annual Review: Greg McGee of Lendlease Construction

What was your greatest professional accomplishment in 2017?  Completing the first of the four building within the Clippership Wharf multi-unit residential complex in East Boston, which consists of 80 condo units as part of the 478 unit condo / apartment complex on 1,700 linear feet of Boston’s shoreline.

What was your most notable project, deal, or transaction in 2017?  Running the Clippership Wharf development project as project executive with respect to contracting, scheduling, estimating, bidding and contract administration functions. In this role, I provide direction for the budget estimating, purchasing, and engineering, accounting, cost and construction functions as they relate to the completion of the project.

What are your predictions for commercial real estate in 2018? I see fire safety and design / build approach with and integrated development, architect and constructions teams working together earlier in the process, working for creative/solid pricing and schedule strategies driving competition in the market.

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Front Section

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.
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It’s time to get creative with closed college campuses - by Christian Koulichkov

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
Newmark negotiates sale of  10 Liberty Sq. and 12 Post Office Sq.

Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
Investing in a falling rate environment - by Harrison Klein

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.
The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

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.