News: Front Section

Chozick and Perkoski of Chozick Realty sole brokers in $1.325m sale

Rick Chozick and Ryan Perkoski of Chozick Realty, Inc., have completed the sale of 18-22 Lincoln St., for $1.325 million. This 24 unit building was constructed in 1928 and was renovated within the past three years. In addition to remodeled apartments and common areas, the property has a new roof, windows, decks and parking lot. The property's location and condition provides for a consistent occupancy level at or close to 100%. The unit mix consists of 16 one-bedroom, seven two-bedroom and one three bedroom apartments. Rick Chozick and Ryan Perkoski were the sole brokers. The property was marketed for 30 days, with multiple offers. This is the seventh multifamily property in New Britain brokered by Chozick Realty within the past year, representing 288 units within this community. The seller was Access Properties, Inc. and the buyer was PR&P, LLC.
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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
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,
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