News: Front Section

Jewett Automotive Design & Construction contracted with Commonwealth Motors for the renovation of Chevrolet dealership

Jewett Automotive Design & Construction has contracted with Commonwealth Motors for the renovation of its Chevrolet dealership. Designed by the team of O'Sullivan Architects and Summit Engineering, the project involves a 2,500 s/f addition to the company's current service shop-a pre-engineered metal building complete with energy-saving insulated metal panel siding which will add six new service bays to the facility. Work also includes heat, plumbing, roofing, painting, and the installation of overhead doors. This marks the fifth project Jewett Automotive has undertaken for Commonwealth Motors. In 2011, Jewett completed two new dealerships for the company-a 28,400 s/f Chevrolet dealership and an extensive, three-phase renovation/addition to the former Chevy facility into the new Commonwealth Nissan dealership. Earlier this year, Jewett provided interior upgrades both to the Nissan dealership and Commonwealth Honda. Jewett Automotive Design & Construction specializes in design/build auto dealership facilities, auto dealership additions, auto dealership renovations and auto dealership fit-ups all across New England—completing more than 60 such projects in the last few years. Other repeat clients include such well-known organizations as the Herb Chambers Companies, the Grappone Automotive Group, the Route 44 family of dealerships, Ford of Londonderry and Watertown Ford.
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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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Columns and Thought Leadership
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.
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,
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.
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