News: Front Section

Malone Commercial Brokers handled six leases totaling 8,627 s/f

Malone Commercial Brokers recently completed the following transactions: Academy of Developing Artists of Maine has leased 2,376 s/f of office space from Northern Ventures, LLC at 432 Elm St. in Biddeford. Mike Miller completed the transaction. House and Barn Builders has renewed its lease of 4,020 s/f of space from C and N Properties, LLC at 273 Presumpscot St. John Doyon, CCIM, completed the transaction. Ellen, Inc. has purchased 1,500 s/f of newly constructed industrial condo unit from B and L Partners LLC at 585 Riverside St. unit 7. Joe Malone, CCIM, and Marc Fishman of Fishman Realty completed the sale. John Lemon has extended its 425 s/f suite lease for offices at 222 St. John St. Also, Amy Partridge-Barber has extended its 526 s/f lease at the same location. Cowcatcher LLC is the landlord, and the building is managed by East Brown Cow Management. Peter Harrington was the listing broker for both leases. Principal Life Insurance Co. has leased 380 s/f of office space from Soley Wharf LLC at 100 Commercial St. Harrington completed the transaction. Cooper Properties has leased 900 s/f of office space from Ocean Associates LLC at 42 Market St. Harrington completed the transaction.
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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
5 Questions to ask when  choosing a real estate broker - by Elizabeth Perez Barlett

5 Questions to ask when choosing a real estate broker - by Elizabeth Perez Barlett

>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.