Associated General Contractors of Mass. will hold its opening program of the year on
Wednesday evening, September 24th, at the Seaport Hotel. Benjamin Breslau, VP,
director of research, Americas for Jones Lang LaSalle will be the guest speaker and offer the audience his
insights into What's Happening in the Commercial Marketplace.
Following Breslau's talk, the AGC and OSHA will recognize six firms who have shown a tremendous commitment to safety on the job site. Working through the AGC/OSHA CHASE program, Bovis LendLease, Commodore Builders, Consigli Const., Lee Kennedy Co., Skanska USA Building and Suffolk Const.will receive the award recognition. The AGC/OSHA CHASE Program gives AGC-member contractor's incentives for demonstrating safety standards and practices used in the industry.
The event will begin with a reception at 5:30 p.m. followed by dinner and the program. Â Cost to attend is $75 for members and $90 for non-members. Â Register on line at www.agcmass.org.
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.
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,
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.
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.
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