News: Front Section

Colliers International signs leases for Duffy Props. totaling 30,000 s/f

Burlington, MA Colliers International has signed 5 new tenants totaling 30,000 s/f at Duffy Properties’ 78 Blanchard Rd. With suite sizes ranging from 3,300 to 11,600 s/f, new tenants, Caras & Shulman, Axis Promotions, CGI, Mortgage Network, and AAM 15 Mgmt. were attracted to the building’s quality spaces, premium amenities, and strength and commitment of local ownership. Colliers, in partnership with Duffy Properties, has aggressively and effectively slashed building vacancy, leaving only 15,000 s/f which is close to committed. 

“We credit Duffy Properties for its proactive and aggressive approach to making deals and look forward to bringing 78 Blanchard to full occupancy,” said Colliers vice president Jason Rexinis. 

In addition to Rexinis, representing Duffy Properties in the latest lease transactions are Colliers International president Jim Elcock, executive vice president John Carroll, senior vice president Bill Lynch, and associate Nora Smith. 

78 Blanchard Rd. is a five-story, 113,159 s/f asset constructed in 2014, and located within Duffy Properties’ larger, three-building Blanchard Woods campus. It is located close to Rte. 128, which can be accessed within minutes via Middlesex Tpke.at Exit 32 or Cambridge St. at Exit 33. Property amenities include a cafeteria with outdoor patio area as well as a fitness center with lockers and showers. 

For over 50 years, Duffy Properties, a family-owned real estate development and management company has been focused on developing and managing quality properties for the long term and providing high touch and cost-efficient service to clients and tenants. Visit www.duffyproperties.com for more information. 

Colliers International Group Inc. is an industry-leading global real estate services company with more than 15,000 skilled professionals operating in 68 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting. 

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 12 consecutive years, more than any other real estate services firm. 

MORE FROM Front Section
Front Section

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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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.
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,
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.