Carucci of Group Boston Real Estate brokers sale of 4 Marlborough Street for $4.405 million
Group Boston Real Estate's (GBRE) Michael Carucci brokered the sale of 4 Marlborough St. in the Back Bay, for a purchase price $4.405 million.
Carucci worked with both the sellers, William Day Hicks and
Anne Louise Hicks, and the buyer, Marlborough Manor Realty Trust.
The 9,750 s/f property features seven units and three parking spaces.
"We had this property listed and sold within 30 days to a
well-qualified buyer," said Hicks. "Michael Carucci lived up to his
impeccable reputation by handling this transaction in a seamless
fashion from start to finish."
"It was a pleasure working with the Hicks family and Marlborough Manor
Realty Trust, and we're all pleased with not only the outcome, but also
the smooth process that led to the completion of the deal," said
Michael Carucci of Group Boston Real Estate.
GBRE is one of the most trusted names in real estate throughout the Greater Boston area, located at 53 Hereford St. for 27 years.
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.
>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
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.
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.