News: Front Section

Conrad, McEvoy and McCourt of The Conrad Group broker $5.675 million in sales

The Conrad Group has negotiated the sale of two properties in Libbey Park. One property is 200 Libbey Parkway which consists of a 60,000 s/f industrial building situated on 4 acres of land. The other property is the 26,000 s/f Planet Fitness building located at the corner of Libbey Parkway at 944 Middle St. The new owner, Foxrock Properties does not plan any changes to the properties but rather wanted to add to its existing portfolio of Libbey Park buildings which already includes 90 and 97 Libbey Parkway. Bob Conrad of The Conrad Group represented the buyer in both transactions while Jim McEvoy, senior vice president of The Conrad Group and Paul McCourt, senior vice president of The Conrad Group represented the two sellers, respectively. According to the Norfolk Registry of Deeds, the sales prices amounted to $5.675 million.
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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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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
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.

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