News: Front Section

RBJ brokers four leases totaling 335,220 s/f at 53 and 73 State St.

Richards Barry Joyce & Partners, LLC (RBJ) has brokered four leases totaling 335,220 s/f for Brookfield Properties. The leases are at 53 State St., Exchange Place, and 75 State St., both located in Boston's Financial District. RBJ is the leasing agent for both 53 and 75 State St. Michael Joyce, partner, and VPs Thomas Ashe and Tom O'Regan of RBJ represented Brookfield in each of the leases. Fidelity Investments signed two lease renewals totaling 220,079 s/f at 53 State St. The first transaction, a short-term lease for 169,943 s/f, covers space on floors 4, 5, 10, 11 and 12. The 2nd transaction is a long-term lease for 50,136 s/f. Fidelity was represented in the transactions by Chuck O'Connor of DTZ FHO Partners. Boston Consulting Group signed a lease renewal for 78,488 s/f on the 30-32 floors of 53 State St. BCG was represented by Andrew Hoar of CB Richard Ellis. Advent International, renewed a lease for 36,653 s/f. The space, on the 2nd and 29th floors of 75 State St., is for the firm's regional headquarters. Advent was represented by CBRE.
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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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Columns and Thought Leadership
5 Questions to ask when  choosing a real estate broker - by Elizabeth Perez Barlett

5 Questions to ask when choosing a real estate broker - by Elizabeth Perez Barlett

>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.
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.
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.