News: Front Section

Cordage Commerce Center signs leases and renewals for over 50,000 s/f

Cordage Commerce Center, formally Cordage Park, has signed new leases and renewals for over 50,000 s/f of space. The newly renovated complex has low vacancies even through the depths of the recession. Located on Rte. 3A, the waterfront complex houses two restored 19th century mill buildings, once part of the thriving Plymouth Cordage Company. The diverse tenant mix includes Jordan Hospital, UMASS Boston, The United Way, Health South, The Plymouth County Treasurer's Office, Fresenius Dialysis and Senator Therese Murray. The Medical Offices at Cordage is the fastest growing component of the center, as the medical community is rushing to be in place as the demand in the area soars. Cordage now houses 57 doctors with over 184,000 patient visits per year. The sandblasted brick, 18' ceilings, exposed wood columns and beams and arched windows provide for very desirable loft office space. This turnkey space is available on a build-to-suit basis per tenant specifications. They can accommodate users from 1,200 s/f to 23,000 s/f.
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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
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.
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,
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.