Lee of Colliers represents Transatlantic Investment Management in 13,080 s/f lease
ICF International (ICF) has executed a new 13,080 s/f office lease to relocate from Lexington to 100 CambridgePark Dr. Occupancy is scheduled for July.
Senior vice president Tad Lee of Colliers International represented the landlord, Transatlantic Investment Management, Inc., in the transaction. Vice presidents Brian Morrissey and Molly Heath of Jones Lang LaSalle represented ICF.
Built in 1990, 100 CambridgePark Dr. is a five-story, 135,572 s/f office building located in CambridgePark, a three-building, 571,672 s/f, master-planned first-class office complex. The property is located at the intersection of Rtes 2 and 16, close to Rte. 128 and I-93, as well as the Mass. Pike. The complex is adjacent to the Massachusetts Bay Transportation Authority Alewife Station and close to Harvard Sq., the Fresh Pond Reservoir, the Charles River, Massachusetts Institute of Technology, Harvard University, and numerous shops and restaurants.
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.
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.
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
>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.
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.