News: Front Section

Founder's message: Learn something new every day

Some famous philosopher once said, "When you stop learning you might as well roll over and die." Most of the successful people I know keep open minds, learn and grow every day. The ones who know it all, eventually fade away. Don Imus taught me something this morning that I already knew, but now it's been substantiated so it counts. He was reading the latest on-air ratings and noted that his station wasn't even in the top ten. He went on to note that his station profited millions and most of the leaders actually lost money. Reason? Simple! It isn't HOW MANY listen, it's WHO. His advertisers pay to reach his niche listeners and he personally has their backs. Especially in tight times it is more important to find a media who is reaching your market, and that may not be the mass media. You could pay $1 million for a 30 second Super Bowl ad and reach 60 million viewers, but how many of those are your market? Our newspaper that is designed with you in mind, can be found in the office of commercial property owners, developers, investors, brokers, managers, banks, contractors, attorneys, mayors, EDICs, senators, appraisers, architects, engineers, auctioneers - anyone who relies on the commercial real estate industry for their livelihood. Hey, that's your market and our editors and publishers have been trained to have your back. So when you see your picture in the paper or your ad, be assured that the people you want to reach are also seeing it. And, while we're on the subject of how many and who, the same is true of our commercial investment real estate website www.rejournal.com. It logs thousands of visitors a month and it is obvious what those people are interested in. So, thanks to Imus in the morning, I don't have to search anymore today to learn something, and now, neither do you. Roland Hopkins is the founder of the New England Real Estate Journal, Norwell, Mass.
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Front Section

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
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.
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.
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.
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