News: Front Section

Elcock, Goodhue and Lynch of M&G broker 2 leases totaling 24,608 s/f

The Meredith & Grew team of James Elcock, David Goodhue and William Lynch has negotiated two leases totaling 24,608 s/f on behalf of BioEnergy International, LLC, a science and technology leader in the development of multi-product biorefineries that produces biofuels and bio-based specialty chemicals. BioEnergy International executed a 13,856 s/f lease at Batterymarch Park II, to relocate from Norwell, Mass. and expand its corporate headquarters by 10,000 s/f. Andrew Majewski and Nat Kessler of CB Richard Ellis/New England represented the landlord, National Fire Protection Association. BioEnergy also signed a lease for 10,752 s/f of lab space at 42 West Cummings Park in Woburn, Mass. The landlord, Cummings Properties, was represented in-house by Rob Yacobian and Eric Anderson. The Woburn facility will be a first-of-its kind, next-generation research center that will serve as BioEnergy's strategic hub for leading innovation in the development and commercialization of next generation biofuels, biopolymers, and specialty chemicals from renewable sources. "I applaud and thank Meredith & Grew, specifically Jim, Dave and Bill for all their hard work." said chairman and CEO Stephen Gatto.
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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.
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
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.