News: Front Section

Murphy and Plaisted of CB Richard Ellis - N.E. Partners, LP represent Duffy Properties in 32,347 s/f in leases

On behalf of Duffy Properties, CB Richard Ellis - N.E. Partners, LP (CBRE/NE) completed three new leases totaling 32,347 s/f at Blanchard Woods. Bridgeline Digital, an award-winning web development company, will occupy 21,163 s/f at 80 Blanchard Rd. Lease Administration Solutions, a real estate consultant, has executed a lease for 3,000 s/f in the building. A third lease was executed by UFA, Inc. for 8,184 s/f. UFA is a software engineering firm providing air traffic control simulation technologies and services to civil aviation, military and universities worldwide. As exclusive leasing agent for the office park, CBRE/NE's Stephen Murphy, principal and Alex Plaisted, associate, represented the landlord, Duffy Props. Bridgeline Digital was represented by CBRE's Mark Reardon, executive vice president/partner. UFA was represented by Keith Coulter of McPherson Corp. "We are excited to accommodate the growing operations of these diverse tenants at 80 Blanchard Rd.," said Murphy. "Blanchard Woods offers an excellent corporate presence along I-95/Rte. 128 in the strong and established Burlington submarket." Built in 1980 and completely renovated in 2009, 80 Blanchard Rd. is a two-story, 40,000 s/f office building located within Blanchard Woods, a three-building, mixed-use park. Recently renovated, the park offers over 80,000 s/f of new office, lab and R&D space and a 120,000 s/f LEED-certified build-to-suit opportunity.
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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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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,
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.