News: Front Section

Fess appointed the group head of Brookline Bank's Commercial Real Estate Banking Group

Darryl Fess has been named group head of Brookline Bank's Commercial Real Estate Banking Group. "We couldn't be happier to make this appointment from within our ranks," said Paul Perrault, CEO of Brookline Bank. "From the day he joined us, Darryl has been a standout. His grasp of the local marketplace and his ability to tailor solutions for our clients has produced extraordinary results." Fess, a 20 plus-year banking veteran with over 15 years of commercial real estate experience will be working across Brookline Bank's geographic footprint and with all classes of commercial properties. Fess said, "I am honored to have this opportunity to work with an exceptional real estate team that continually goes above and beyond to help clients achieve their goals." Fess previously held banking positions at Wainwright Bank & Trust Company, Citizens Bank, Grove Bank and Bank of Boston. He earned an MBA from Providence College and BA in Economics from Boston University. Brookline Bank is a subsidiary of Brookline Bancorp, Inc., and is headquartered in Brookline, Mass. A full-service financial institution, Brookline Bank provides individuals and businesses with deposit and lending services, residential mortgages and home equity lending, commercial and CRE lending, cash management, merchant services, and access to investment services. Brookline Bank operates 20 branches in Greater Boston. For more information go to www.brooklinebank.com
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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,
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