News: Front Section

CBRE's Levendusky, Olson and LeClair broker four leases - 12,321 s/f

CB Richard Ellis has brokered four new leases totaling 12,321 s/f at Shattuck Office Center located at 138 River Rd. The firm represented the landlord, an affiliate of Meritage Properties, in all four transactions. Tenants include GENEX Services, Inc. (1,600 s/f), a provider of cost containment and fully integrated case management services in the occupational, non-occupational, auto and group healthcare markets, General Atomics (3,544 s/f), a high-tech company specializing in diversified research, development and manufacturing, CL Verify (2,267 s/f), a consumer reporting agency, and the U.S. General Services Administration on behalf of the U. S. Department of Labor (4,910 s/f) "We purchased Shattuck in 2005 and have always felt that the building's boutique charm, its location directly off I-93 and its ability to cater so well to smaller tenants make it a unique building within the Interstate 495 north market," said Erin Daly of Meritage Properties. The CBRE team of Jason Levendusky, first vice president, Kerry Olson, vice president, and Robert LeClair, associate, represented the ownership, an affiliate of Meritage Properties. Andy Whipple, associate at Colliers Meredith & Grew, represented General Atomics; Mike Taylor, vice president at T3 Realty Advisors, represented CL Verify; GSA was represented internally. CBRE's LeClair represented Genex Services, Inc. in its transaction. Shattuck Office Center is a 62,806 s/f class A office building located at 138 River Rd. The property is adjacent to I-93. and is less than three miles from Interstate 495 and just thirty minutes north of Downtown Boston and Logan International Airport. Built in 1984, the building offers access to numerous nearby amenities including a full-service Wyndham Hotel, a Courtyard Marriot and a variety of restaurants and eateries.
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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.
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
5 Questions to ask when  choosing a real estate broker - by Elizabeth Perez Barlett

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Investing in a falling rate environment - by Harrison Klein

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