News: Front Section
Posted: August 19, 2022
O’Brien of Greater Boston Commercial Properties, Inc. handles sale and lease
Leominster, MA Bret O’Brien of Greater Boston Commercial Properties, Inc. represented the buyer of 45 Francis St.
The 20,000 s/f manufacturing building was purchased as a long-term investment by Francis MacLean Realty Trust.
O’Brien of Greater Boston Commercial Properties is representing the buyer in leasing this property, and quickly completed a 10,000 s/f post-closing lease deal with an existing tenant, Comairco Equipment, Inc.
The property is situated at a location off Rte. 117 at the intersection with I-190. Greater Boston Commercial Properties is marketing the remaining space for lease.
“10,000 s/f of wide-open warehouse is a unique opportunity in the current market where almost no vacancy exists for this type of space” said O’Brien.
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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
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
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.
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.