News: Front Section
Posted: September 5, 2008
Gibbons of ABG brokers 3 deals
Bernard Gibbons of ABG Commercial completed three transactions.
*50,000 s/f lease to Boston Paintball relocating from 43 Foley St. Somerville to 111 Boston St.
The lessor is Great Northern Site Corp. and the lessee is Boston Paintball Inc. The warehouse is to be used as an entertainment center.
*20,000 s/f lease to Personalized Fitness at 1587 Hyde Park Ave. The warehouse was converted to a full service gym.
Country Lane Inc. is the lessor.
*3,000 s/f office building at 328 Broadway in Somerville sold by 328 Broadway LLC to Broadway Realty Trust for $933,000.
Gibbons was the sole broker in all three transactions
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.
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
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.
