News: Front Section

Gresh joins Cummings as newly created position of sustainability manager

Cummings Properties has appointed Gary Gresh to the position of sustainability manager. In this newly created position, Gresh will work to expand Cummings Properties' existing energy efficiency programs and help the 40-year-old firm become a more sustainable organization in all aspects of its operations. By identifying and implementing initiatives to reduce energy consumption, Gresh will be responsible for helping Cummings Properties reduce its carbon output and help facilitate the company's emergence as a leader in sustainability among commercial real estate developers in New England Cummings has a history of energy-saving construction and the use of recycled materials in its many properties. The company has earned an "Energy Star" rating for many of its "green" office buildings, and received LEED Gold pre-certification for its new TradeCenter 128 project. Cummings Properties is reportedly one of the first area real estate companies to hire a full-time sustainability manager.
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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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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,
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
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.