News: Front Section

RealMassive goes live in Boston

RealMassive, the first data provider to deliver open access to the commercial real estate marketplace, has launched in the Boston marketplace. The addition of these new markets brings the current coverage on RealMassive's platform to over 1 billion s/f. The company is on track to exceed 2 billion s/f of commercial property coverage by the end of the year. "At Cassidy Turley it's vital to provide our clients with exceptional service, strategic insight and timely market information. RealMassive's potential to provide real-time, thorough and accurate market data will be hugely beneficial to our team as we help our clients realize successful real estate strategies," said William Foley, executive managing director at Cassidy Turley in Boston. In addition, the company plans to launch Los Angeles and Orange County on November 17. The rapid series of market launches is enabled through strong partnerships with leading commercial real estate (CRE) firms augmented by hundreds of researchers spread all over the country, logistically coordinated through a cloud-based framework. The framework was built and tested in the company's test market of Austin, Texas. "We are thrilled to provide CRE professionals and tenants seeking commercial space in Boston with access to RealMassive. We're now firmly planted in key markets on both the East and West Coasts as we continue to execute our mission to give the industry control over their data. Our ability to launch multiple markets in this fashion is a testament to the capability of our launch teams," said RealMassive's CEO Joshua McClure.
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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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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.
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