Aho of O'Brien Commercial completes 15,000 s/f lease for 72 Cedar Hill St.
Joel Aho of O'Brien Commercial Properties recently represented the ownership at 72 Cedar Hill St. and procured the tenant, On-Site Analysis, in a 15,000 s/f lease.
The new space represents an expansion for On-Site as the company needed additional room to accommodate current and future growth and also allowed them to move into a fully air conditioned, flex building more fitting for their use. The new tenant means that the building is now 100% leased.
In addition Bret O'Brien of O'Brien Commercial recently leased 9,815 s/f of office space in Milford and Hopkinton.
O'Brien represented Spectra Automation, in a new lease of 2,550 s/f of office space at 113 Cedar St. in Milford. The landlord, The Route 495 Limited Partnership, was represented by Alison Powers and Bob McGuire of CB Richard Ellis.
O'Brien represented Norfolk RAM in extending its lease of 3,677 s/f of office space. The landlord Birchwood Office Park, LLC was represented by Paul Leone and John Lashar of Richards Barry Joyce and Partners.
O'Brien represented CCMS Lighting in a new lease of 1,200 s/f of office space at 88 Elm St. in Hopkinton. The landlord, 90 Elm, LLC, was represented by Laudy Soifer and Rick Kaplan of Kaplan Commercial Properties.
O'Brien also represented the owner, R&T Realty Trust, in leasing 2,388 s/f of office space at 87 Elm St. in Hopkinton to Ashland Physical Therapy & Sports Medicine.
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.
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.
>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
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.