According to Grubb & Ellis Co., Karen Hurd, has joined the firm as vice president, investment services.Â
Most recently, Hurd, a 17-year real estate and financial services verteran, was an assistant vice president with Compass Exchange Advisors. In this role, she spent the past three years strategizing with clients and their advisors on the disposition and acquisition of real and personal property involved in tax-deferred exchanges.
During her career, Hurd has been involved in transactions totaling in excess of $500 million. Prior to joining Compass Exchange Advisors, she held a business development position with Edward Jones, and marketing and asset management positions for real estate investment firms Marblehead Realty Trust and The Berkshire Group, formally The Krupp Cos.
"We are extremely pleased that Hurd has joined our private capital investment group," said Stephen Brodsky, executive vice president and managing director of Grubb & Ellis' Boston office."
Brodsky said, "given the current state of economic uncertainty, where many companies are trimming staff, we welcome the opportuity to hire well respected, top industry performers who can offer the very best service for our clients."
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.
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.
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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,
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