News: Front Section

Hughes of New Dover represents Maric Strathmore, LLC for 15,504 s/f; leased by Parcell Spine, LLC - Kinlin of CBRE represents tenant

Parcell Spine, LLC has recently leased the entire building at 21 Strathmore Rd. comprised of 15,504 s/f of office, R&D and laboratory space. Scott Hughes, president of New Dover Associates, Inc. and David Gillies, director of asset management for Maric, Inc. represented the property owner, Maric Strathmore, LLC, in the lease transaction. Parcell Spine was represented by Robert Kinlin, vice president of CB Richard Ellis/New England. Parcell Spine is an affiliated entity of Parcell Laboratories, is a leading regenerative cell company. 21 Strathmore Rd., a single story steel frame and masonry building, is fully air-conditioned with a tailboard loading dock and is located in the Natick Business Park 200 yards away from Rte. 9 and close to the regional retail centers of The Natick Mall and Shoppers World . MARIC, Inc., a fourth-generation, family-owned firm that has been involved in New England real estate for more than 30 years. MARIC has developed more than two million square feet of office, industrial, retail and medical space. The principals of the firm have participated in more than $1 billion in real estate transactions for their own account and on behalf of clients.
MORE FROM Front Section
Front Section

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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
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.
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
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,