News: Front Section

O'Brien Commerical Properties complete two sales totaling $1.485 million

J Day Enterprises LLC has purchased 240 Maple St. from One College LLC. J Brian Day is a disaster recovery company from Plainville. They will occupy this 20,000 s/f industrial building located on 6.72 acres immediately adjacent to Rte. 495. J Day Enterprises paid $1.25 million for the building and land. O'Brien Commercial Properties Inc. represented J Day in the purchase. Also, Eric O'Brien, president of O'Brien Commercial Properties represented the seller Peter R. Wallace and an undisclosed buyer in the purchase and sale of 178 Cedar Hill St., Marlboro. The 3,000 s/f business/industrial condominium was equipped with 20% office finish, high bay warehouse space and a loading dock. The property was sold for $235,000. The buyer will be utilizing the new facility as a distribution point for a retail business and a product development lab.
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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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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
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,
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.