News: Front Section

Doyle and Hoban of Haynes Management, Inc. complete six deals totaling 15,464 s/f

The Haynes Management, Inc. brokerage team of Vida Doyle and Michael Hoban recently represented four landlords in six transactions totaling 15,464 s/f in Lexington, Newton and Wellesley. Two of the deals were tenant expansions at Echo Bridge Office Park in Newton Upper Falls, bringing the current occupancy to 91%. A new tenant at 892 Worcester St. in Wellesley brings the building to 100% occupancy. In Wellesley Hills at 36 Washington St., a long term tenant expanded within the building to over 4,500 s/f and a new tenant joined with 2,850 s/f. Lastly, a 1,715 s/f suite was leased at 1050 Waltham St. in Lexington bringing the building's occupancy to 92% with only one suite remaining. Haynes Management Inc. is a Wellesley based real estate management, leasing and development company that specializes in commercial office properties in the western suburbs of Boston, and in southern New Hampshire. Haynes manages 48 office properties and three retail properties that total over one million s/f of commercial space. Most of our properties have been designed to accommodate tenants that require 1,000 s/f to 10,000 s/f.
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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
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.
Newmark negotiates sale of  10 Liberty Sq. and 12 Post Office Sq.

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,
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
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.