News: Front Section

McFarland and Twombly of Avison Young arrange lease to ICON architecture, inc.

Avison Young has brokered an office lease at 101 Summer St. The Avison Young team led by principal Karyn McFarland and vice president Matt Twombly represented the tenant, ICON architecture, inc. There was no landlord representation. ICON architecture, inc., a women-owned firm with 35 staff, provides award-winning work focused on sustainable urban development, housing, and education architecture. Their housing projects create new paradigms for city living ranging from infill transit-oriented development to innovative adaptive reuse. The projects mix uses—high-end market housing with workforce/affordable units, artist live/work communities with retail and office incubator environments, and collegiate facilities engaging their neighborhood edges. "A creative company like ICON architecture, inc. needed a specific type of collaborative space and we were glad to work with them to meet that need," said McFarland. 101 Summer St. is a 5-story, class B office building with ground floor retail located in Downtown Crossing. The building is 100% leased.
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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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Columns and Thought Leadership
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.
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.
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.