News: Front Section

Kelleher and Matt of Kelleher & Sadowsky Associates, Inc. handle $2.5 million sale

AllCare Plus Pharmacy, Inc., recently purchased 50 Bearfoot Rd. for $2.5 million, according to William Kelleher IV, principal, of brokerage firm Kelleher & Sadowsky Associates, Inc. The 8.54 acre site, is improved with a well maintained 60,597 s/f flex building is currently 37% leased to SolmeteX, a "green tech" that specializes in water chemistry, hazardous materials and recycling. Kelleher and Paul Matt, vice president, of Kelleher & Sadowsky Associates, Inc. represented the buyer, AllCare Plus in the transaction. The seller, Bearfoot Realty, Inc. was represented by Matthew Morgan at Cushman & Wakefield. AllCare Pharmacy, Inc. intends on renovating a significant portion of the building and relocating its headquarters from Worcester. AllCare Plus Pharmacy is a premier specialty pharmacy that provides a full range of pharmacy services, while specializing in complex medication management. AllCare Plus Pharmacy combines caring, personalized service with exceptional clinical knowledge and innovative compliance programs while making the treatment of difficult diseases as simple, safe, and effective as possible. AllCare Plus Pharmacy helps patients with the management of various disease states and is pioneer in bringing together the benefits of managed care services, mail order and specialty pharmacy care.
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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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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,
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.
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
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.