Morris and Foote of O,R&L Commercial sell industrial building at 445 Ledyard Street for $800,000
The O,R&L Commercial team of Jay Morris and Stephen Foote sold 445 Ledyard St. for $800,000. The property is a 24,900 s/f industrial building on 3.694 acres. Morris and Foote represented both the seller, The Fitger Co, LLC and the buyer South Meadows No 10 LLC.
O,R&L is a full service real estate firm that specializes in commercial real estate brokerage, commercial construction, and facility management and maintenance.
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.
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.
>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.
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.
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