Plunkett and Havern of Cushman & Wakefield broker 42,47s/f lease
In two transactions, the Cushman & Wakefield team of senior director J.P. Plunkett and associate Ned Havern brokered 42,472 s/f of deals recently, one on the landlord side and one on the tenant side - both in industrial build2ings.
In East Boston, at 440 McLellan Highway, Plunkett and Havern represented Cargo Ventures in its 30,472 s/f lease to Ground Services International.
In Sharon, at 1245 Providence Highway, Plunkett and Havern represented JumpTrax in its 12,000 s/f lease with the John J. Murphy Co. who was represented by NAI Hunneman principal Catherine Minnerly.
The building is diagonally across Route One from Gillette Stadium and will be used as a children's entertainment/exercise/party facility.
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.
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
>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.
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.
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.