News: Front Section

Cyrier, West and Villanueva of MANSARD handle $5.5 million sale

Bedford, MA Bedford North Road, LLC recently sold 41-55 North Rd. for $5.5 million to Oxford Entities, LLC. Bedford North Road, LLC, managed by Atlas Commercial Real Estate, received 5 offers for the property after completing a 36 month re-positioning program in which they obtained several medical office tenants such as Emerson Hospital, Chestnut Dental and Bedford Periodontics. The competitive buyer pool found the medical tenant base and the capital program undertaken by North Road, LLC compelling.

41-55 North Road - Bedford, MA

The property sale was represented by Jeremy Cyrier, Howard West and Leo Villanueva of MANSARD.

41-55 North Rd. is a 39,000 s/f multi-tenant medical office and professional building located near the Rte. 3 and 128 interchange. The property is home to several dental, general physician, psychology and legal practices serving the greater Bedford, Billerica, Concord, Burlington and Lexington markets.

MANSARD is a commercial real estate brokerage company that helps successful investors and companies buy, sell and lease office and industrial real estate to do one thing–grow their bottom line.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
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.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary