News: Front Section

KeyPoint Partners awarded 17 building, 1.4 million s/f portfolio by Altid Enterprises

KeyPoint Partners, LLC has been awarded the property management contract for a portfolio of 17 properties totaling 1.4 million s/f of office, industrial, flex, and retail space in three New England states, according to Robert Lemons, managing partner of the firm. Altid Enterprises awarded the contract. "This is a significant assignment for us and brings our managed property portfolio to over 20 million s/f," said Lemons. The portfolio includes: Three properties in Concord, N.H., including 54 Regional Dr., which totals 72,500 s/f of flex space. Eight properties in Chelmsford, including the 224,000 s/f Chelmsford Mall and 10 and 12 Elizabeth Dr., which total 207,000 s/f of flex space. Two properties in Exeter, N.H., including 100 and 200 Domain Dr., which total over 515,000 s/f of offices. One property each in Medford and Cambridge, Londonderry, N.H., and Portland, Maine. Carol Kuosman, who has recently been promoted to VP of property and asset mgmt., will oversee the portfolio. Kuosman re-joined KeyPoint in Feb., 2006, as a senior property manager. Before her period away from the firm, Kuosman had been with KeyPoint for 10 years, and was instrumental in new business developments, programs and procedures.Shown is the overview of Keypoint's portfolio
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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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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.