News: Front Section

EXIT Realty's Resnick negotiates $2.8m sale for Sorella Sisters to Fiorillo Family

Sam Resnick, president of EXIT Realty Associates has completed the $2.8 million, 23-unit sale of 25 Pond St. The property is a freestanding brick building comprised of 23 one-bedroom units, all of which are 660 s/f. The property was a hot commodity from the time it went on the market, generating interest from buyers and investors. "I was quite surprised at the amount of activity the building generated and how it quickly went under agreement within 7 days of being listed." Resnick said, "At $123,900 per unit, this was a "win-win" price for both the buyer and the seller. Sam Resnick exclusively represented the seller, Sorella Sisters L.L.C., and Daryl Ricci of Vanguard Properties represented the buyer, Fiorillo Family Trust. The building was advertised in the Jan. 18th New England Real Estate Journal as the Property of the Week and with Karen Dowell's assistance EXIT Realty was able to sell 25 Pond St. Click here to view our ad
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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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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.
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.