Beal of A.W. Perry negotiates seven leases at The Berkeley - 20,369 s/f
According to A.W. Perry seven tenants have signed leases totaling 20,369 s/f at The Berkeley at 420 Boylston St. The new tenants include Lois L. Lindauer Searches LLC; Mackie Shea O'Brien, P.C.; McNamee Lawrence & Co., LLC; Top Dog Solutions; TransPerfect Translations; UNICEF; and Ziggs, Inc.
"We welcome these tenants to The Berkeley and look forward to providing them with great service for the years to come" said Richard Beal, vice president of A.W. Perry who negotiated the leases on behalf of A.W. Perry. "We would also like to thank Cresa Partners, Cushman & Wakefield, Gregg & Ellis and Richards, Barry, Joyce & Partners who each represented a tenant in the above-mentioned lease transactions."
Known as the "Crown Jewel of the Back Bay," The Berkeley was completely renovated by A.W. Perry in 1989 and was one of the first buildings in the city to be honored with all three (local, regional and international) of BOMA's Office Building of the Year awards. With panoramic views of Back Bay, historical elements and modernized systems which provide comfort and security to tenants, The Berkeley is a stylish and prestigious building that offers an exciting and inspiring working environment. Lease opportunities are available ranging from 3,800 to 12,000 s/f.
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.
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.
>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