News: Front Section

Bekarian, Sparkes, Thompson and Spring of Jones Lang LaSalle arrange 45,000 s/f lease

According to Nordblom Company, Dyax Corp. will be opening their new corporate headquarters at Network Drive at Northwest Park in January 2012. They have leased 45,000 s/f on the third floor of 55 Network Dr. for ten years. Senior vice president Peter Bekarian and assistant vice president Bryan Sparkes of Jones Lang LaSalle (JLL) represented Dyax while JLL managing director Tamie Thompson and vice president Tyler Spring represented Nordblom Co. in the transaction. Ogden Hunnewell and Adele Olivier managed the deal from the ownership. Dyax will move from 300 Technology Sq. in Cambridge to create this new corporate headquarters. "We are excited to have Burlington's first biopharmaceutical company choose Network Drive at Northwest Park as their new corporate headquarters. Burlington offers companies like Dyax a more value-driven option. Dyax also recognized the importance of the many campus and town amenities, as well as the flexibility that the buildings allow to combine office and laboratory use." said Hunnewell, executive vice president and partner of Nordblom Co.
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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
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.
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.
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.
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,