CBRE team of Ripp, Levendusky and Olson arrange leases for Invesco
CB Richard Ellis has represented one of Invesco Real Estate's institutional clients in four leases totaling 53,445 s/f at One Burlington Business Center. Renewing at the class A office building will be The Centres at Burlington (12,829 s/f), Software Pundits (3,595 s/f), and Keystone Partners (10,449 s/f). Renewing and expanding at the property will be Silverlink Communications (26,572 s/f).
The CBRE team of Michael Ripp, Jason Levendusky and Kerry Olson represented Invesco Real Estate's client in all four transactions. The Centres at Burlington was represented by Neil Ross of Jones Lang LaSalle; Silverlink was represented by James Boudrot and Steve James of NAI Hunneman; Keystone Partners was represented by Richard Fahey and Mike O'Leary of DTZ FHO Partners; and Software Pundits was represented by Valerie Pontiff of New England Property Advisors.
One Burlington Business Center, at 67 South Bedford Rd., is located in the Burlington Office Park. Built in 1982 and renovated in 1995, the four-story building offers 176,465 s/f.
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.
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.
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,