News: Front Section

Kent and Lynch of Jones Lang LaSalle sign Energy Services Group to 28,645 s/f at 141 Longwater Drive - Owned by Foxrock Properties

Jones Lang LaSalle completed a long-term lease of 28,645 s/f of first class office space to Energy Service Group (ESG) at 141 Longwater Dr. ESG will occupy part of the first floor in the 80,000 s/f office and medical office building in Assinippi Park. ESG was represented by Jones Lang LaSalle executive vice president Tom Kent and vice president Sean Lynch. The owner of 141 Longwater Dr. is Foxrock Properties The space will serve as ESG's new Massachusetts headquarters. Occupancy is scheduled for May. ESG is moving from 400 Hingham St. in Rockland. ESG provides flexible, scalable, end-to-end business process solutions for large and small retail energy suppliers and utilities. ESG's customized back-office solutions allow client's to streamline operations, maintain regulatory compliance and maximize profitability. The success of ESG's clients has in turn helped ESG achieve consistent growth since its launch in 1997. Today, ESG serves more than 100 retail energy suppliers and utilities in the US. They, in turn, market or deliver energy to millions.
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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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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.
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,
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.