News: Front Section
Posted: April 26, 2024
Gilkie of R.W. Holmes negotiates 6,500 s/f lease for Parkridge Partners
Haverhill, MA R.W. Holmes negotiated a new 6,500 s/f office lease at 26 Parkridge Rd. Transformations Care Network, a national network of mental healthcare providers, leased the office space.
R.W. Holmes senior vice president David Gilkie represented the landlord, Parkridge Partners LLC, in the transaction. Grey Gettleman of Cushman & Wakefield represented the tenant.
R.W. Holmes serves as an exclusive leasing agent for the two-story, 48,000 s/f office building.
“We’re excited to welcome Transformations Care Network as the building’s newest tenant, and it was a pleasure working with the City North LLC team, based in Haverhill, Mass., to finalize the transaction,” said Gilkie.
The space will be completely renovated and ready for occupancy late this summer.
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.
Quick Hits
Columns and Thought Leadership
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.
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,
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.