News: Front Section

Elcock, Lynch and O'Brien of Colliers M&G rep. LSI in 5,633 s/f lease

LSI Corp., a leading provider of innovative silicon systems and software technology, has renewed its office lease at 114 Turnpike Rd. LSI Corp. will occupy 5,633 s/f after downsizing approximately 4,000 s/f. The Colliers Meredith & Grew team of executive vice president James Elcock, associate William Lynch and associate Timothy O'Brien represented LSI Corp. in the transaction. Associate Robert Byrne of Richards Barry Joyce & Partners represented the landlord, KBS Realty Partners. Specifics of the lease transaction were not disclosed. Built in 1987 and renovated in 1995, 114 Turnpike Rd. is a three-story, 72,584 s/f class A office building located in Westboro Executive Park. In 2007, the building was awarded an Energy Star label for its operating efficiency and the 2008 Office Building of the Year award presented by the Building Owners and Managers Association. Amenities include 24-hour card access entry systems, on-site management, fitness center, deli and shower facilities.
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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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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
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.