HK Group's Fellah and Lynch assists Ray Gauri in $1.425 million sale
A 10,000 s/f retail center at 2115 - 2135 Boston Ave. has been sold for $1.425 million to Westrock Development, LLC from Yonkers, N.Y., a real estate investment company.
Directly on U. S. Rte. 1, the property was fully leased to six tenants, including a restaurant.
HK Group was exclusive agent for the seller, Raj Gauri, LLC, and was the only broker involved. Executive vice president Franco Fellah and sales associate Kate Lynch were both responsible for completing this sale. Attorneys were Dan Nagel of Cohen & Wolf, Bridgeport and Scott Gerard of Randel & Gerard.
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.
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.
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,
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.
>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.