News: Front Section

Driven by Demand: Building Green from the User's Perspective

The demand for sustainable buildings by users has exploded, resulting in "green" rapidly becoming a must-have tenant amenity in today's market. In response, developers and owners are rapidly embracing sustainability as a "must" for new development and a consideration for tenant fit-ups and the rehabilitation of existing buildings. *What is behind this demand? *What aspects of sustainability are important to users? *How does it impact their choice of space and are they willing to pay for it? Hear from senior executives, responsible for implementing their respective firm's sustainability decisions, as they discuss these and other questions on "demanding green" at NAIOP's "Driven by Demand," held Thursday, January 17th at Boston's Seaport Hotel. Moderator Eric Sheffels, the president and chief investment officer of Leggat McCall Properties, will be joined by panelists including: *Sarah Abrams, president, Fidelity Real Estate Co., LLC; *Michael Heffran, director of facilities, Teradyne, Inc.; *Randall Knox III, Sr. director, Global Facilities Services, Adobe Systems Incorporated; *Keri Luly, Stewardship Coordinator, Allsteel, Inc. Registration and a continental breakfast will begin at 7:15 a.m.; the program will run from 8:00 - 9:00 a.m. Cost is $55.00 per NAIOP member, $70.00 per employee of a NAIOP member firm, and $85.00 per non-member, with an additional $25 for registrations at the door. The program sponsor is Sasaki Associates. To register, visit www.naiopma.org or call (781) 453-6900, ext. 4.
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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
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

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

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

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