News: Front Section

Gallagher, Boudrot and James of NAI Hunneman represent Ophir Optronics in 31,929 s/f lease at 1600 Osgood St.

NAI Hunneman has brokered a 31,929 s/f, five-year office lease at 1600 Osgood St. Evan Gallagher, associate, James Boudrot, senior vice president, and Stephen James, executive vice president/principal, of NAI Hunneman, represented the tenant, Ophir Optronics, a manufacturer and supplier of infrared optics for the military, security, commercial and industrial markets. Orit Goldstein of Ozzy Properties represented the landlord, Ozzy Props., in the transaction. "For fifty years, this facility has been a major factor in the region's economy, having supported many notable tenants," said James. "Our client has found a space with excellent amenities that suits their location and services desires." Built in 1956, 1600 Osgood St. is on a 169-acre site and has over 1.5 million s/f of manufacturing, office and warehouse space. The building has an auditorium, cafeteria, executive dining room and multi-media conference rooms. Within close distance to Rte. 495, 1600 Osgood St, also provides rail access and an onsite publictransportation stop.
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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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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.
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.