News: Front Section

Catlin, LeClair and Doorakian of Boston Realty Advisors complete 13,402 s/f in leases

The Boston Realty Advisors (BRA) team of Wil Catlin, Robert LeClair and Bonny Doorakian completed two lease transactions totaling 13,402 s/f on behalf of the ownership at 90 Canal St. in the city's North Station neighborhood bringing the building to 99% leased. CBRE/New England's Peter Conlin represented UP Education on an expansion and extension and Avison & Young's Jack Kerrigan, Justin Dziama and Virginia Kerrigan represented Boston Cares with the company's relocation to the building. "Up Education and Boston Cares are tremendous nonprofit organizations making a big difference in our community. Ownership is excited to be part of the growth and success of both organizations," CEO of Vantage Deluxe World Travel and principal of 90 Canal St. LLC, Henry Lewis said. 90 Canal St. is a 78,000 s/f office building located in the North Station's Bulfinch Triangle. The building is the World Headquarters of Vantage Deluxe World Travel. Boston Realty Advisors downtown Boston brokerage team specializes in tenant representation, landlord representation, and corporate advisory services. In the tenant representation capacity, they assist tenants with new space acquisition, renegotiation of existing leases, space disposition, strategic planning, and lease auditing. For landlord representation, Boston Realty Advisors offers institutional and private ownership groups sophisticated, value adding, technology-driven services including marketing, reporting and strategic planning.
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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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It’s time to get creative with closed college campuses - by Christian Koulichkov

It’s time to get creative with closed college campuses - by Christian Koulichkov

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
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,
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.