News: Front Section
Posted: June 3, 2022
Nahigian of Auburndale Realty Co. named CoStar Power Broker Quarterly Deals winner
Newton, MA CoStar Group, Inc. has named the CoStar Power Broker Quarterly Deals winners for the first quarter of 2022. Rob Nahigian,FRICS,SIOR,CRE,MCR of Auburndale Realty Co. came out on top in the list of winners in Portland, ME. The CoStar Power Brokers Quarterly Deals winners are determined by the top deals executed every quarter, based on price and square footage.
Nahigian has been engaged by DeepEdge, Inc. of Boston as its national real estate consultant acquiring properties and data centers in a number of major cities. He has recently completed a 120,000 s/f industrial lease in Millbury, Mass. with WoonTech and has completed the sale of an office building in Portland, ME for DeepEdge. He has also completed the lease of a downtown office building in Columbus, Ohio for DeepEdge and moved DeepEdge’s corporate offices this quarter in downtown Boston.
Nahigian is a 42 year veteran in commercial real estate. He holds four designations in commercial real estate including CRE and SIOR. His specialty has been office, industrial and retail counseling and brokerage. He also serves as litigation support and investment lab development consultant. He is also a long-time instructor for Boston University, SIOR and MANAIOP.
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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.
Quick Hits
Columns and Thought Leadership
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
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
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.
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,