News: Front Section

Grubb & Ellis Co. reps. DiGiorgio Associates in 12,500 s/f lease renewal

Grubb & Ellis Company represented DiGiorgio Associates Inc. in the lease renewal of 12,573 s/f of class A office space at 225 Friend St., from KS Partners. Karyn McFarland, senior vice president, and Matthew Twombly, associate, both of Grubb & Ellis' office group, facilitated the transaction on behalf of DiGiorgio Associates. "With its strong ownership, high image and convenient location near commuter rail and MBTA stations, DAI's current offices were the best option for both employees and clients," said McFarland. DiGiorgio has been located at 225 Friend Street since 1992 and has been a tenant in the Bulfinch Triangle District for more than 23 years. About DiGiorgio Associates Inc. DiGiorgio Associates Inc. (DAI) is a group of dedicated individuals specializing in the provision of healthcare planning, architectural, engineering, and construction management services to the acute care, ambulatory care, sub-acute and senior living sectors. We offer our clients a single source for quality integrated facility services. Since DAI's founding in 1984, our company's goal has been to create a working environment that affords our staff members room to grow and learn. With the addition of a construction affiliate, Monitor Builders Inc. (MBI) in 1988, we are able to offer up front budgeting and scheduling. DAI has set itself apart from other firms by offering our clients a broader range of services by adding in-house engineering in 2002. Our corporate headquarters is located in Boston, Massachusetts, with a satellite office in Farmingdale, Maine. DAI and MBI's most recent projects include a 100,000 square foot hospital in Laconia, NH, which is currently under construction, as well as having completed an Urgent Care Center located in Brockton, MA, in June 2010. About Grubb & Ellis Company Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 100 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm's transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com.
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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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