News: Front Section

Erland Construction promotes Jensen to operations manager

Erland Construction has promoted Richard Jensen, vice president, to operations manager of their Burlington office. Jensen will have day-to-day responsibility for operations, implementing plans and policies to achieve overall corporate objectives and ensure maximum results. He will collaborate closely with the residential and commercial group managers, as well as department heads from estimating, purchasing, coordination and field operations. Jensen joined Erland in 1981 to work in the field. Through hands-on experience, he gained a thorough knowledge of how buildings are built and worked his way up through increasingly responsible positions to become manager of the Academic/Commercial/Technology Group. This promotion to Operations Manager recognizes his leadership skills and understanding of the company's operations. Erland Construction, with offices in East Windsor, Conn.; Stamford, Conn.; and Burlington, Mass., is the region's leading open shop construction management and general contracting firm. The company has the specialized expertise for new construction, additions and renovations in major market sectors including multi-unit residential, office, academic, commercial and healthcare.
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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,
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.