O'Brien Commercial Properties secures 45,200 s/f in Marlboro and Southboro
O'Brien Commercial Properties continues to lease space in the boroughs. O'Brien Comm'l. Props. recently completed five leases totaling over 45,000 s/f at industrial and flex locations within a half mile of exit 23C off I-495.
Bret O'Brien represented Webco Engineering in a new lease of 12,432 s/f at 155 Northboro Rd. in Southboro. The company, which is relocating from their 16,000 s/f building which O'Brien Commercial properties sold at 45 Hopkinton Rd. in Westboro, manufactures custom equipment for the paper industry.
O'Brien also represented Aspen Systems in a 10,770 s/f renewal at 24 Saint Martin Dr. located just off Rte. 495 exit 23C in Marlboro.
Joel Aho of O'Brien Comm'l. Props. represented New England Optical Systems in a 7,500 s/f lease at 237 Cedar Hill St.
At 257 Simarano Dr., O'Brien and Aho procured Qteros in a lease of the 8,900 s/f freestanding building I, while in the main building at the same address Eric O'Brien and Aho represented Simarano, LLC in a 5,600 s/f lease with Dotgain Systems.
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.
>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.
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,
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.
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.