News: Front Section

O'Callaghan of Binswanger Companies brokers 65,820 s/f lease for Kenexa

Timothy O'Callaghan, vice president of the Binswanger Companies has arranged for the lease of a 65,820 s/f office facility located at 343 Winter St. Kenexa, a global HR technology solutions company, executed a long term lease with National Development for the entire building. After acquiring Salary.Com in 2010, Kenexa consolidated both operations into the new facility allowing the company to adequately expand and meet their ever-growing demand. Numerous enhancements were made to the facility including additional office space, training rooms, conference areas, cafeteria and expanded parking. The facility features a three story office building of 21,940 s/f floor plates on 5.53 acres. Situated off of I-95 alongside many Fortune 500 companies, the buildings local amenities include hotels, retail shopping and several restaurant accommodations. National Development was represented in-house by Jerome Kyllingstad and by the team of Ron Friedman, Jonathan Varholak and Chris Mullen from Richards, Barry, Joyce & Partners. Headquartered in Philadelphia, PA, Binswanger is an international full-service real estate organization with offices worldwide throughout the U.S.A., Canada, Mexico and South America, the U.K. and Europe, the Middle East, and Asia.
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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.

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.
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.