News: Front Section
Posted: March 5, 2021
Atlantic Commercial sells 5,064 s/f office building
Walpole, MA Atlantic Commercial Real Estate, LLC completed the sale of a 5,064 s/f office building located at 161 Washington St. to BidCars Boston as an administrative office for it’s used car business. Details of the sale were not disclosed. The existing tenants will remain in their respective offices as well.
Bryan Glennon of Atlantic represented seller, and Mark Kearins of Atlantic procured buyer.
“Walpole is more than just a great town to spend a day at–it’s a thriving, warm, and vibrant community full of adventurous and driven people. And the team at BidCars Boston is so proud to be an active member of it,” said a representative from BidCars.
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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.
Columns and Thought Leadership
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
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>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.
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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.
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.
