News: Front Section

Meet the RCA of Mass. Member - Romeo

Bob Romeo is president and CEO of Century 21 Franklin Street Associates, Inc., which is a full service residential real estate agency plus a separate commercial division servicing buyers and sellers in Berkshire, Hampshire, Hampden and Franklin Counties. Romeo, a life long resident of the Berkshires, began his career in real estate in 1972 by purchasing a commercial income producing building in Lenox. During the following 30 years or so he purchased and restored number of additional buildings. These last 30 years also saw Bob's becoming very involved in the Lenox Planning Board, Historical District Commission and Chamber of Commerce (each of which he chaired at one time or another), the Berkshire Visitors Bureau and other local development organizations or committees. His experiences within those groups provided the knowledge and know how to develop and complete three separate residential home subdivisions in Lenox. A total of 24 homes were built and sold within these subdivisions by his company, Taradale Realty Corporation. In 1993, Bob purchased a partnership interest in an existing Lenox based real estate company, Franklin Street Real Estate. 1998 saw Bob secure the balance partnership of Franklin Street and move the company to a much larger site at 31 Church Street, Lenox, Ma. Franklin Street became a part of the Century 21 franchise family in November 2000. The company is now known as Century 21 Franklin Street Associates, Inc. and occupies the entire 2,800 sq.ft. office space in a circa 1840 restored barn.
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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
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
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.
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.
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.