News: Front Section
Posted: September 19, 2007
O'Brien reps. Motion Tech. in 22,000 s/f lease at 10 Forbes Rd.
Bret O'Brien of O'Brien Commercial Properties, Inc. represented Motion Technology, Inc. in leasing new space at 10 Forbes Rd. Motion Technology manufactures and sells commercial cooking equipment products, including the Autofry line, which is the leader in ventless deep-frying technology. O'Brien leased the company its current 12,000 s/f space at 257 Simarano Dr. in Marlboro, five years ago when it moved from its previous space of 7,000 s/f in Natick. The 10 Forbes Rd. property in the Rte. 290 Industrial Park offers functional space with room to accommodate the steady growth of the local manufacturer. Rob Walles, Britton Derkac, Ed Jarosz and Bob Gibson of CBRE New England represented the owner, TMT 290 Industrial Park, Inc.
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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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Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.
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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.
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>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.
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.