Kerrigan, Coelho and Sullivan of Avison Young handle 16,564 s/f lease
Avison Young has brokered two leases totaling 16,564 s/f at 128 Corporate Center located at 70 Blanchard Rd.
Avison Young New England team led by principal Jack Kerrigan along with vice president Mark Coelho represented the landlord, E & F Realty Associates LP.
Avison Young vice president Bill Sullivan brokered a 14,431 s/f lease on behalf of the tenant, Advanstar. Ed Carbone, CCIM of Carbone Commercial Real Estate, Inc. brokered the 2,133 s/f lease on behalf of Gullotti Insurance.
70 Blanchard Rd. is a 115,000 s/f, class A office building and is 91.6% leased.
"We are pleased to have completed two leases at 70 Blanchard Road," said Kerrigan.
"We helped Advanstar find the right space in a desirable location," said Sullivan.
Advanstar is an event and marketing services business that serves business professionals and consumers in the fashion, licensing, life sciences and power sports industries with its portfolio of 134 events, 30 publications, over 200 electronic products and web sites, as well as educational and direct marketing products and services. Market leading brands and commitment to delivering innovative, quality products and services enables Advanstar has approximately 600 employees and operates from multiple offices in North America and Europe.
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.
>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.
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
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.