News: Front Section
Posted: February 2, 2012
DiGangi and Quinn of Boston Brokerage Group handles $3.125 million in two sales
Joseph DiGangi and Robert Quinn of the Boston Brokerage Group represented both the buyer and seller for the sale of 183 St. Botolph St., a 4 unit residential building in the city's Back Bay.
The seller was James DeVellis and the buyer is 8 Sunset LLC. The buyer purchased the asset for $1.85 million as part of a 1031 exchange. In order to do so, he hired DiGangi and Quinn to broker the sale of 6-8 Sunset Street, a 4 unit residential building in the city's Mission Hill. The buyer of 6-8 Sunset St. is Big River Properties LLC. Noah Dweck of Big River Properties represented the buyers. The purchase price was $1.275 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.
Quick Hits
Columns and Thought Leadership
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
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
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.