News: Front Section

Century Investment Co. marks banner year

The year 2013 heralded a dozen new tenancies in five of the commercial properties owned and managed by Century Investment Co. and its principal partner, Andrew Cohen. Elizabeth Cohen Rappaport, joining her father as the third generation of the Cohen family leading the 60-year-old company, negotiated four leases at the 1275 Elm St. Professional Building. A single, 1,800 s/f office suite remains available at the fully renovated, once single-user building. New tenants at the fully renovated Elm St. property in 2013 include Tufts Dental (3,000 s/f), Hale Financial Planning (2,700 s/f) and Service Employees International Union Local 509 (1,850 s/f). In 2012, Cohen Rappaport leased 2,600 s/f in the building to CoWorx Staffing. Several other new tenants signed leases at other Century properties, including Northgate Professional Center (Freedom Credit Union, 4,400 s/f; Caregiver Homes of Massachusetts, 3,250 s/f; and University of Mass. Extension Program, 2,000 s/f). The U.S. Veterans Center, a long-term Northgate tenant, moved to 6,000 s/f at 95 Ashley Ave., the 32,000 s/f building to 100% occupancy Century Park, a four building office complex at Park Ave. and Union St., is also fully occupied, welcoming Affiliated Psychotherapists, Susan Goldman and Kathleen Varner (560 s/f). Century's retail property, Century Center, gained three new tenants over the past 12 months: Leslie's Pool Supplies (3,500 s/f), Karoun Yoga (1,800 s/f), and Riverside Dental (1,500 s/f). The 285,000 s/f retail center currently offers three availabilities: 2,200 s/f inline, 10,000 s/f end cap with drive-thru, and a new pad site facing Memorial Ave.
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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.
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.
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,
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.