News: Front Section

George Verne 2011

Name: George Vernet Title: Principal Company: Vernet Properties Location: Salem, Mass. Place of birth: Melrose, Mass. Family: Wife, Ann; daughters, Victoria and Jessica College: University of Southern Maine First job unrelated to your current field: Caddy First job in current field: Commercial real estate broker with Carlson Commercial Real Estate in Salem What your firm does now and its plans for the future? More redevelopment and development of retail and office. Currently working on 3 projects that were all purchased in 2011. Hobbies: Golfing, skiing and boating Favorite Book: "Decision Points" by George W. Bush Favorite film(s): "The Godfather", "Platoon" and "My Cousin Vinny" Keys to success: Honesty, hard work and following up Person you most admire (outside of family): John Adams If you had to choose a different profession, what would it be? Professional golfer
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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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Columns and Thought Leadership
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.
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,
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
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.