News: Front Section

JRT Realty and C&W handle 10,000 s/f lease at Needham Corp. Center

Orsi, Arnone, Rothenberg, Iannuzzi & Turner, LLP signed a lease for 10,000 s/f of executive office space at Needham Corporate Center. Exclusive leasing agent and property manager, JRT Realty Group, Inc., along with Cushman & Wakefield, handled the transaction. "Small- to medium-sized finance and law tenants are dominating the suburban office market in terms of space being sought. Among their sophisticated requirements are a comprehensive technology infrastructure, ample space to grow their operations and flexible floor layouts," said Greg Smith, executive VP of JRT Realty, who leads the leasing and management team. The team included Smith and Ty Janney, Mark Roth and Ben Finnegan of C&W's Boston office. Located at 160 Gould St. Needham Corporate Center is a three-story Class-A office building on Rte. 128. The 138,690 s/f multi-tenant building is situated on four acres. The property is owned by TIAA-CREF, the national financial services organization.
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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
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
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.