News: Front Section

Alvarado of Parsons Commercial Group brokers 12,202 s/f lease to Hopkinton Health Center

Marci Alvarado, vice president at Parsons Commercial Group, represented Hopkinton Health Center (HHC) in a new lease at 25 South St. for 12,202 s/f. HHC is a geriatric and adult day care center. They offer health supervision and nursing for elderly and other adults needing short term medical services, like physical therapy and rehabilitation services. HHC is planning to open sometime late January or February 2014. 25 South Street is a 54,000-square foot, office, flex and R&D building well located directly off I-495, one exit south of the Mass Pike. The landlord, 25-45 South LLC was represented by Victor Galvani of Parsons Commercial Group. Parsons is a leading provider of commercial real estate services. including, tenant and landlord representation, investment sales, property and asset management, development and construction management, advisory and distressed asset advisory services. In addition, they administer individual medical services based on primary care providers' orders. Each patient has a Plan of Care designed to promote both physical and mental health. Their geriatric program offers specific services including: acting as a liaison to families at a distance, offering counseling and support as well as entertainment and cultural events.
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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.
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Columns and Thought Leadership
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.
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,
5 Questions to ask when  choosing a real estate broker - by Elizabeth Perez Barlett

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.
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