News: Front Section

Parsons Brinckerhoff on design team for new parking garages at Logan Airport

Parsons Brinckerhoff is providing engineering and construction-related services for a new parking garage and an expansion of the terminal B parking garage at Logan International Airport. The project, which is being carried out on behalf of the Massachusetts Port Authority (Massport), encompasses fast-track planning, design, and construction support for a multi-level parking deck to be built over the existing Hilton Hotel parking lot, as an extension of the existing west garage. The facility will feature direct circulation between the existing garage and the Hilton Hotel, as well as architectural façade panels, LED lighting, dynamic smart-parking signage, landscaping, and other sustainable and resilient features. The project also includes a horizontal expansion of the terminal B garage over the existing entry plaza, with direct vehicular and pedestrian connections to the American Airlines/US Airways section of the terminal, rooftop solar panels, and enclosed pedestrian walkways connected to existing pedestrian bridges to terminals A and C. A subconsultant to Arrowstreet, Parsons Brinckerhoff will lead and direct the efforts of the engineering design team with responsibility for structural, civil, lighting, and geotechnical engineering; BIM/VDC; fast-track procurement packaging; phasing/constructability; resident engineering; and project controls. The project is scheduled to be completed in 2016.
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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.
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.
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