Aron of Metrowest Commercial Real Estate arranges two sales in Ashland, Mass. totaling $880,000
Marlene Aron of Metrowest Commercial Real Estate arranges two sales totaling $880,000. 33 West Union St., a 5.05 acre site, with 380' frontage on Rte. 135, has been sold for $490,000. Aron represented the sellers and Keith Shapiro of Realty Executives represented the buyer, who will continue to operate the Idle Dog Kennel on site.
Aron said, "The site had no residential abutters and being over 5 acres the use was allowed by right in Ashland."
The second sale was a 20,000 s/f lot on Rte. 126 at 190 Pond St. The sale was subject to permitting for a new Dunkin Donuts location. Attorney Michael Healey of Holliston represented the buyer. Aron represented the seller and Dustin Burke of American Commercial represented the buyer for the $390,000 sale.
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.
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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,
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