News: Front Section

Diversified Project Management to provide const. mgmt. services for Akamai

Diversified Project Management, Inc. has been retained by Akamai to provide construction management services for the first phase expansion of Akamai's corporate headquarters. Akamai is the leader in powering media, dynamic transactions and enterprise applications online. Akamai plans to expand its corporate headquarters at Eight Cambridge Center, occupying the entire building as well as four additional floors at Four Cambridge Center. The expansion and renovation, which totals over 250,000 s/f, will be completed in several phases over the next two to three years. "It's an honor to be working for one of the premier technology companies in the world," said Bob Keeley, president of DPM. Cubellis has been retained to provide design and architectural services. "The goal of our design work is to help Akamai continue to build a best-in-class workplace environment that will reflect and reinforce the company's brand, mission, values and culture," said Susan Packard, IIDA, managing partner, Workplace Solutions. Suffolk Interiors will provide preconstruction and construction services for the office fit-outs. As part of the first phase of the expansion, Suffolk's work will consist of a fit-out of tenant offices at Four Cambridge Center. The 19,000 s/f renovation will be built to LEED-certification standards and will include high-efficiency lighting and glass fronts for all offices.
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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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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

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5 Questions to ask when  choosing a real estate broker - by Elizabeth Perez Barlett

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>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

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