1-800-PACK-RAT, LLC has executed a new 32,000 s/f lease for its first New England location at 10 Panas Rd.
Working with the tenant's broker, associate director Connor Faught of GVA Advantis, Colliers Meredith & Grew executive VP James Elcock and associates William Lynch and David Goodhue represented 1-800-PACK-RAT. Commercial broker Taber Keally of Donahue Associates represented the landlord, Hercules Realty Trust.
Built in 2002, 10 Panas Rd. is a single-story, 71,500 s/f warehouse.
"Due to its location and outdoor storage capabilities, this high bay warehouse provided a great solution for 1-800-PACK-RAT," said Elcock.
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.
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.
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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