News: Front Section
Posted: December 9, 2010
Katz of Worcester Commercial Properties brokers $1.57 million sale of Ragsdale Kia
The former Ragsdale Kia Automobile dealership at 499 Washington St., Rte. 20 has been sold to Raps Realty LLC.
Paul Raps, the buyer, owns and operates several NAPA Auto Parts stores in central Mass. and plans are to move his existing Southbridge St. store to this new location which will allow him to double the sales floor area and use the former service area as a central warehouse/distribution point for all his stores.
Mark Ragsdale and George Ragsdale of Tombstone Realty LLC was the seller. The property sold for $1.57 million. Sheldon Katz, principal of Worcester Commercial Properties represented the seller and the buyer.
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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.
Quick Hits
Columns and Thought Leadership
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.
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.
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,
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.