 (2).jpg)
News: Front Section
Posted: December 1, 2023
Freudenheim Partners facilitates $1.45 million purchase of location for Bodhi Spa
Norwood, MA Freudenheim Partners’ client Bodhi Spa has purchased 10 Cottage St. for $1.45 million ($165 per s/f). The 8,770 s/f office building will be the spas’ third location. The spa also operates additional locations in Providence and Newport, R.I.
Ellie Cullinan negotiated the purchase of the building on behalf of the buyer, Bodhi Spa, while Brendan Coan of Paramount Partners LLC, represented the seller.
“The Bodhi Spa takes relaxation and restoration to the next level,” said Cullinan. “Owners Harmony and Cedar were incredible to work with and have such passion for their business. Can’t wait to see them thrive in Boston!”
“The Bodhi Spa is a hydrotherapy day spa with a focus on whole body health and wellness. We offer our guests the restorative experience of taking the waters through the ancient tradition of a thermal bath circuit,” said Harmony Oschefski, founder of The Bodhi Spa. “In addition, we offer a full menu of services including massage therapy, facials and body treatments. We look forward to expanding our wellness offerings to the community in 2024.”
Tags:
Front Section
MORE FROM Front Section
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.
Columns and Thought Leadership
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
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
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
>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.
