News: Front Section
Posted: August 13, 2009
Denenberg of Denenberg Realty Advisors completes $670,000 sale
Neil Denenberg of Denenberg Realty Advisors has completed the $670,000 sale of a 6,375 s/f building leased to Bright Horizons Childcare & Early Development Center. The property is located 2 Constitution Blvd. Denenberg represented both the buyer and the seller
Denenberg said, "This is one of the many triple net lease properties that we have sold. This type of asset is ideal to purchase during this challenging economic time. Not only does this property have longevity but it also has alternate uses since it is at the beginning of a major industrial park plus the lease has options and increases in the future. We have sold many triple net leases assets throughout the country this year and look to work with new clients and brokers with our expansive list of off market triple net lease properties for sale."
Tags:
Front Section
MORE FROM Front Section
Front Section
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.
Quick Hits
Columns and Thought Leadership
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
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
>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.
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