News: Front Section

McEvoy of The Conrad Group facilitates $1.2 million condo sale - and executed 30,000 s/f in new leases

72 Sharp Street - Hingham, MA

 

320 Libbey Industrial Parkway - Weymouth, MA

 

James McEvoy, The
Conrad Group

Hingham, MA The Conrad Group negotiated the sale of Unit C-10 at 72 Sharp St., a 10,000 s/f flex condo consisting of 4,000 s/f of office space and 6,000 s/f of 22’ clear warehouse space. 

James McEvoy, senior vice president at The Conrad Group, exclusively represented the seller, WL Trading LLC. The buyer was represented by Brian Murphy of Unicorn Brokerage LLC. The condo will serve as the new home of Colony Rug. According to the Plymouth County Registry of Deeds the sale price was $1.2 million.

In addition The Conrad Group has executed 30,000 s/f in new leases at 320 Libbey Industrial Parkway in Weymouth. Active Day has leased 9,500 s/f; Menemsha Solutions leased 5,539 s/f; Keystone Elevator signed for 6,000 s/f; and Millennium Printing Corp. committed to 8,850 s/f. The building is now fully leased. 

McEvoy represented the landlord, Atlantic-Weymouth Realty in all of the transactions as well as Menemsha Solutions, Keystone and Millennium. Active Day was represented by Rich Beal of Perry Brokerage Associates.

MORE FROM Front Section

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,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
Columns and Thought Leadership
Four tips for a smooth 1031 Exchange - by Bill Lopriore

Four tips for a smooth 1031 Exchange - by Bill Lopriore

Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
Make PR pop by highlighting unique angles - by Stanley Hurwitz

Make PR pop by highlighting unique angles - by Stanley Hurwitz

Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.
Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore

While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.