Cardente Real Estate completes six transactions in Yarmouth and Portland
Cardente Real Estate has completed the following transactions.
*Island Treasure Toys has leased 1,600 s/f of retail space at 805 U.S. Rte. 1. This transaction was brokered on behalf of the landlord by Michael and Matthew Cardente
*Village Consignment has leased 1,600 s/f of retail space at 805 U.S. Rte 1. This was brokered on behalf of the landlord by Michael & Matthew Cardente.
*Anco Custom Truck Accessories has leased 1,080 s/f of flex space at 400 Riverside Street in Portland, Maine. This was brokered on behalf of the landlord by Nathan DeLois.
*Francis Jackson has purchased a 726 s/f retail/office condo at 70 India Street in Portland. This was brokered on behalf of the seller by Michael Cardente and on behalf of the purchaser by Greg Nisbet of Downeast Reality.
*New England Organ Bank has leased 1,011 s/f of office space at 980 Forest Ave., Portland. This was brokered on behalf of the landlord by Michael Cardente and on behalf of the tenant by Brian Giguere.
*Cincinnati Time Bank of Maine has leased 2,650 s/f of industrial space at 219 Anderson St. in Portland. This was brokered on behalf of the landlord by Michael Cardente and on behalf of the tenant by Chris Craig of the Dunham Group.
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.
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,
>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.
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.