Aho and Curley of O'Brien Commercial Properties, Inc. complete three sales in Hudson totaling $1.53m
Joel Aho and David Curley of O'Brien Commercial Properties, Inc. represented the ownership in the sale of 49-57 Main Str. to Petros Muratoglu and Apostolia Bougaidou. The property is 14,000 s/f on two levels and sold for $265,000. The Salvation Army was the most recent tenant, and the new owner is planning on putting a doughnut shop in part of the space and leasing out the rest.
Aho and Curley also represented the ownership in the sale of a portion of the former Larkin Lumber site in Hudson center as a condo to Jose Peneda for $425,000. There is also a 12,940 s/f building mostly consisting of relatively recent construction still available for sale on the site.
In addition Aho and Curley represented the ownership in the sale of 503 River Rd. to Consolidated Utilities Corp. The property consists of a 13,696 s/f industrial building and a separate free standing structure both located on .82 acres of land. The sale price was $775,000.
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.
>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.
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
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.