Plunkett and Minnerly of C&W negotiate three leases totaling 37,060 s/f
Cushman & Wakefield has completed three office lease transactions totaling 37,060 s/f. The recent transactions signify activity in the leasing market despite these economic times.
*Sage Software, leased 12,400 s/f at 100 Elm St., a facility owned by Historic Realty.
*New York Life Ins. expanded by 10,856 s/f at 690 Canton St. in Westwood. The landlord, Colony Realty Partners, was represented by Nat Kessler of CB Richard Ellis.
J.P. Plunkett and Catherine Minnerly, C&W senior directors, represented Sage and N. Y. Life in these transactions.
*Altra Industrial Motion leased 13,804 s/f of office space at 300 Granite St. in Braintree from Sun Life. Altra was represented by John Dolan of Colliers Meredith & Grew, while Sun Life was represented by Plunkett and Minnerly.
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.
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.
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
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.
>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.