News: Front Section

Glickman, Kovago & Co. broker $1.575 million sale and 7,500 s/f lease

Worcester, MA Glickman, Kovago & Company has brokered a lease agreement between L-J Imperial realty and 7 Nana Steakhouse. 7 Nana Steakhouse will occupy 7,500 s/f of the 15,000 s/f available in the former Coldwell Banker site on Shrewsbury St. 7 Nana Steakhouse is expanding into the area and will be a Japanese steakhouse with a sushi bar, hibachi tables and full liquor service. The newest addition to "Restaurant Row" will offer plenty of off street parking for their patrons. Mark Johns, vice president of Glickman Kovago & Co., represented the lessee, 7 Nana Steakhouse and David Cohen, Carl Burwick and David Burwick represented the lessor, L-J Imperial Realty in the transaction. Glickman, Kovago & Co. has also brokered the sale of the former Buick Dealership located at 72 Shrewsbury St. Shrewsbury Street Association, LLP sold the property to J & M Batista Family, LP. The 28,000 s/f building sits on 1.58 acres of land sold for $1.575 million. Cohen represented the buyer, J & M Batista Family, LP and Cohen, Carl Burwick and David Burwick represented the seller, Shrewsbury Street Association, LLP.
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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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.
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.
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.
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