News: Front Section

CB Richard Ellis hired as leasing agent for 280,000 s/f office park

CB Richard Ellis has been hired as leasing agent for New England Business Center, a 280,000 s/f class A office park. CB Richard Ellis will be responsible for the leasing of 10, 20 and 35 New England Business Center on behalf of New Boston Fund. The CB Richard Ellis leasing team consists of Kerry Olson, Jason Levendusky and Andy Majewski. New England Business Center is on 42-acres along the Merrimack River on I-93, just one mile north of the I-495 interchange. 10 New England Business Center was built in 1989 and consists of three floors totaling 88,024 square feet with approximately 18,000 square feet available to lease. 20 New England Business Center, also built in 1989, sits on a 40-acre lot and totals 63,366 square feet. 35 New England Business Center was built in 1998 and includes two floors totaling 85,563 square feet; the property has 46,165 square feet available to lease. Plans for the park include a new cafeteria with enhanced services, lobby and common area renovations, and the addition of a fitness center complete with shower and locker facilities at Building 35. Renovations are projected to be completed in September 2008.   New England Business Center tenants include Physical Sciences Inc., Woodard & Curran, JVT Advisors, and InteliStaf Travel, a Medical Staffing Network Company.
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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
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
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.
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.
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,