News: Front Section

Hawkins and Connolly of CBRE/New England arrange 10,470 s/f lease to VNA Care Network

On behalf of Symes, a leader in residential and commercial development, construction and property management, CBRE/New England completed a new lease at 199 Rosewood Dr. located within Northwoods Business Park. VNA Care Network, a nonprofit created by some of the oldest home healthcare and hospice agencies in Massachusetts, will occupy 10,470 s/f at the building in July. CBRE/NE's Kerry Olson Hawkins, first vice president, and David Connolly, senior vice president/partner, represented the landlord. Mohr Partners' Glenn Rhuda represented the tenant. "199 Rosewood Dr. has many excellent qualities that appeal to a wide variety of users," said Hawkins. "The property's setting within one of the North Shore's most prominent office parks, coupled with its convenient location at the junction of Rtes. 114, 1 and I-95, makes 199 Rosewood Dr. a very attractive option in this submarket. We are thrilled that VNA Care Network has decided to bring their operations to Northwoods Business Park." Situated within Northwoods Business Park, 199 Rosewood Dr. features an attractive park setting, immediate access to major roadways, and proximity to numerous restaurants, hotels and retail amenities. Space features include efficient floor plates, high ceiling heights and extensive window lines. 199 Rosewood Dr. is undergoing a major capital improvement program, including a new HVAC system, an upscale lounge and lobby renovations, updated restrooms, landscaping improvements and a new on-site fitness area with showers and lockers. Corporate neighbors include MetLife, Copyright Clearance Center, RBC Financial Group and Janney Montgomery Scott.
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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,
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
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.
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.