News: Front Section

Eastport Real Estate completes capital improvement project at the Audubon Commerce Center

Audubon Commerce Center,
107 Audubon Road - Wakefield, MA

Wakefield, MA Eastport Real Estate Services has completed a capital improvement project at the Audubon Commerce Center, located at 107 Audubon Rd.

The capital plan began with the complete renovations at all common areas of Building 2. The work encompassed main lobby flooring, lighting and architectural details at the perimeter walls. All restrooms were updated with all new flooring, lighting, fixtures and partitions.

In addition to the interior renovations, all the windows in each building were replaced with modern, anodized aluminum frames with blue tinted glass.

The management team credits the capital improvements for the increase in leasing activity. Three new leases and two expansions were completed during this time period.

Eastport is a property management and consulting firm with a singular intent: to create, enhance and preserve value for our clients. Eastport manages a wide range of property types, including commercial, retail, medical, and office/medical condominiums throughout New England. In addition to third party management services, Eastport also offers: brokerage coordination, development and acquisition, accounting, maintenance services, construction and capital coordination and asset management services.

MORE FROM Front Section
Front Section

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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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
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.
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.