News: Front Section

Beal and Gifford of Perry Brokerage arrange 6,318 s/f lease to New York Life Insurance Company

Rockland, MA According to Perry Brokerage, New York Life Insurance Company, a leading provider of retirement, insurance and investment services, has signed a lease for 6,318 s/f at 1050 Hingham St. This expansion location will meet NY Life’s growing customer base upon their July 1 occupancy.

Rich Beal and Jon Gifford of Perry Brokerage negotiated on behalf of the landlord, A.W. Perry, and Nicole Tiger and Sean Lynch of Jones Lang LaSalle (JLL) represented NY Life in the lease transaction. 

1050 Hingham Street - Rockland, MA

“We are thrilled to have New York Life join the tenant roster at 1050 Hingham Street. Their high caliber tenancy is a great addition to this property. We look forward to servicing their needs over the years to come” said June Cunniff, vice president and property manager with A.W. Perry.          

Owned and managed by A.W. Perry, this first class, 39,772 s/f, 3-story, office building is located off Exit 14 of Rte. 3 and is a short commute from Boston and all points on the South Shore. With restaurants, hotels and retail amenities nearby, 1050 Hingham St. offers ample parking and frontage on and access from Rte. 3.

Recent updates have been made to the lobby and common areas and as well as improvements to the building’s facade.

Since 2011, Perry Brokerage Associates, LLC has provided leasing, sales and acquisition services, representing owners and tenants in the Boston and South Shore Markets.  

Since 1884, A.W. Perry, a privately held real estate firm, has strived to provide quality, service and value to its tenants and clients.  An established leader in the industry, A.W. Perry is an award winning property management firm, an experienced developer and investor.  Under the direction of the family’s fourth and fifth generations, the company is known for creating and nurturing long-standing business relationships.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

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 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary