News: Front Section
Posted: January 20, 2023
Melanson of MANSARD completes agreement at 17 Malcolm Hoyt Dr.
Newburyport, MA Chris Melanson, commercial real estate advisor of MANSARD, completed a lease agreement at 17 Malcolm Hoyt Dr., a 14,217 s/f flex, light distribution and industrial space.
Newburyport Industrial Park supports a wide range of jobs involving manufacturing, technology, and distribution. Newburyport is on I-95 and 17 Malcolm Hoyt Dr. is a five minute drive from the highway, 10 minutes to I-495 and three minutes to Rte. 1. The Newburyport/Rockport MBTA commuter rail from Boston’s North Station terminates in the Newburyport Industrial Park.
With a blend of 14,217 s/f of office and warehouse space with loading dock access, this property is perfect if you’re looking for a new base of operations, need extra space, or are relocating within the area.
“We are pleased with how we could negotiate a win-win lease for both ownership and tenant. Our process procured the right tenant at the right price for the right building and we look forward to continued success not only for the owners but for the market as well,” said Melanson.
Over the past 19 years, MANSARD has negotiated the successful sale of more than 1,000 properties for its clients, which makes it one* of the most successful selling commercial real estate brokerages in Massachusetts. (*Boston Business Journal) Over 81% of MANSARD’s business is repeat or referral.
Tags:
Front Section
MORE FROM Front Section
Front Section
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.
Columns and Thought Leadership
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.
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,
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.
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