News: Front Section

Canpro Investments Ltd. signs two new leases totaling 6,699 s/f at Lakeville Corporate Park

According to Ofer Drucker, senior vice president of Canpro Investments Ltd., CWC Software, Inc. has leased space at 10 Riverside Dr. and Beth Israel Deaconess HealthCare has leased spaces at 30 Riverside Dr. in the Canpro Lakeville Corporate Park. Additionally, the Massachusetts Department of Environmental Protection has renewed their lease for the premier office space it currently occupies at 20 Riverside Dr. for another five years. The Canpro Lakeville Corporate Park has recently experienced some leasing activities. Two new tenants, CWC Software and Beth Israel are leasing space in the business park. CWC Software will occupy 1,911 s/f of space at 10 Riverside Dr. They expect to occupy the space as of November 1. Beth Israel is leasing 4,788 s/f of medical space at 30 Riverside Dr. with occupancy planned for November. The business park will also see the renewal of the Mass. DEP's lease of the 25,272 s/f of space it currently occupies at 20 Riverside Dr. John Christoforo, president and CEO said, "Beth Israel Deaconess HealthCare is excited about opening its newest primary care practice within this new development. We are optimistic about creating a well-established panel of patients for our doctors in the Lakeville region." Canpro has been in the commercial real estate business for over 50 years. It currently owns, controls and manages over 5 million s/f of commercial property. The properties are primarily shopping centers and office towers.
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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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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,
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.