News: Front Section

North Easton Savings Bank breaks ground on new Plymouth branch at 3 Commerce Way

Shown (from left) are: Edward Joubert, chairman of the board; Rich Spencer, president and CEO;
and Aileen Zec, executive vice president and chief operations officer.

Plymouth, MA North Easton Savings Bank (NESB) held a groundbreaking ceremony on Tuesday, May 16th at the site of its new branch at 3 Commerce Way in the Cranberry Crescent Plaza.

As the town’s community bank, NESB is building this new full-service branch to mirror the growing population and related financial needs of the town. The bank’s current branch at 2 Pilgrim Way will be replaced by the new location when it is opened in early 2024.

Rich Spencer, NESB’s president and CEO, opened the groundbreaking ceremony by welcoming and thanking those in attendance, which included town officials, area business leaders, and members of the bank’s board. In Spencer’s address, he highlighted the bank’s commitment to local investment and supporting all members of the local community.

Amy Naples, executive director of the Plymouth Area Chamber of Commerce, also spoke to the crowd. She touched upon the positive impact the bank is having locally, but also spent time highlighting the difference the bank’s employees have made through their volunteerism as well as direct philanthropy.

Designed to be a premium alternative to the big-banks, NESB has recently been named a Best-in-State Bank by Forbes, #1 Top Places to Work MA 2022, and #1 Top Workplaces USA 2023. The bank anticipates the full-service modern banking facility to open near the end of the first quarter 2024.

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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

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.

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

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.