News: Front Section
Posted: December 23, 2010
NAI Hunneman brokers 19,995 s/f lease to ITT Educational Services, Inc.
NAI Hunneman's Suburban Leasing Group has brokered a five-year lease of 19,995 s/f of office space to ITT Educational Services, Inc.
James Boudrot, executive vice president and Evan Gallagher, vice president at NAI Hunneman and members of its Suburban Leasing Group, represented ITT Educational Services, Inc in the transaction.
ITT Educational Services leased 19,995 sq/f of space at 200 Ballardvale St. at Ballardvale Office Park, a four-building complex comprised of 555,000 s/f of office space with frontage along I-93.
Richards Barry Joyce & Partners represented the landlord, Griffith Properties, in the transaction.
NAI Hunneman's Suburban Leasing Group, which includes James Boudrot, Brendan Daly, Evan Gallagher, David Gilkie, Stephen James and Michael McCarthy, specializes in the representation of tenants and landlords in the Greater Boston suburbs and along Rte. 128 and I-93.
About NAI Hunneman:
Founded in 1929 and headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. Through its association with NAI Global, NAI Hunneman is a local firm with global reach offering brokerage and project management services in more than 325 markets across the nation and around the world.
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.
Quick Hits
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.
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
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.