News: Front Section

Cummings Props. receives Gold Level LEED for TradeCenter 128

According to Cummings Properties one of the newest office complexes, TradeCenter 128, has received a Gold Level LEED pre-certification by the U.S. Green Building Council (USGBC). LEED Certification (Leadership in Energy and Environmental Design) provides independent, third-party verification that a building project meets the highest green building and performance measures. All certified projects receive a LEED plaque, which is the nationally recognized symbol demonstrating that a building is an environmentally responsible and healthy place to work or live. TradeCenter 128 is a new, seven story, 400,000 s/f, first-class office building, bordering Rte. 128/95. The building is adjacent to the new 139,000 s/f Middlesex County Superior Court, which is scheduled to open in March. In addition to meeting the criteria for LEED certification, including site development, water savings, energy efficiency, materials selection and indoor environmental quality, TradeCenter 128 has dozens of features including: efficient HVAC and lighting systems, high-performance glass, water-saving fixtures, rainwater storage, and building recycling programs. According to design manager James Trudeau, TradeCenter 128 received further LEED recognition for features that are of particular benefit to the local community. These benefits include a site design that reduced environmental impact, public transportation directly to the site, preferred parking for low emission vehicles and onsite recycling programs.
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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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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.
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.