JLL's Ostop, McMahon, Schless and O'Neil complete two leases
Jones Lang LaSalle Inc. has completed two lease transactions for a combined 3,280 s/f of first class medical office space at The Rutherford of Blue Back Sq. The 128,000 s/f medical office building in Blue Back Sq. is part of the 600,000 s/f mixed-use development owned by Blue Back Square, LLC. Jacobs Sodipo and OBGYN Associates are both new tenants to the building leasing 1,900 and 1,380 s/f, respectively.
Jones Lang LaSalle associates Christopher Ostop, senior vice president; Shawn McMahon, senior vice president; Gary Schless, vice president; and Sean O'Neil, assistant vice president represented the owner and tenants in both transactions.
The Rutherford is a four-story, class A medical office building located at 65 Memorial Rd. with access to I-84.
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,
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
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