News: Front Section

Dill of Cresa Providence represents Aflac in a 2,750 s/f office lease at 110 Jefferson Boulevard

Kenneth Dill of Cresa Providence recently represented Aflac, a worldwide insurance agency, in a 2,750 s/f office lease at 110 Jefferson Blvd. Previously located at 200 Centerville Rd., Aflac moved its regional office into the single-story, 20,000 s/f standalone building this month. The favorable rent, improved visibility, larger space, ample parking, compliance with Aflac requirements, proximity to I-95, and a flexible landlord were all factors that attracted Aflac to the new location. The landlord was represented by Celeste Marcellino of Coast Realty Associates. "It became clear that we needed an objective tenant advocate to help us expand into the right space," said William Kirk, regional sales coordinator of Aflac. "Cresa helped us streamline the process and find a perfect new location for our Rhode Island office." Cresa LLC, one of the nation's largest corporate real estate advisory firms exclusively representing tenants, is headquartered in Boston.
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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
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 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.
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.