News: Front Section

McFarland and Twombly of Avison Young complete 13,889 s/f lease

Avison Young has brokered a lease for 13,889 s/f at 77 N. Washington St. Avison Young brokers Karyn McFarland and Matt Twombly represented the landlord, The Finch Group. Tom O'Regan, executive vice president, and Dan Cavanaugh, associate, at Jones Lang LaSalle represented the tenant, MaidPro. MaidPro is a privately held, full service cleaning company offering franchise opportunities across North America. "The third floor of 77 N. Washington St. is a unique collaborative space and we are pleased to have matched it with the right company." said McFarland. "Everyone worked hard to make this lease happen." said Twombly. "Finding the type of space we needed in the North Station area was like finding a needle in a haystack. Tom, Dan, Karyn and Matt worked hard to get us in a fun space that will help us continue our growth." said MaidPro's CEO Mark Kushinsky. 77 N. Washington St. is a nine-story, class B, 120,000 s/f office building with street level retail, located in the Bulfinch Triangle/North Station submarket of the city.
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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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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.
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.
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,