Regazzini of Combined Properties handles 3 leases totaling 38,683 s/f
Combined Properties, Inc. has executed three lease renewals totaling 38,682 s/f. The tenants, located at three properties owned by Combined Properties on Mystic Ave., are the Greater Medford Visiting Nurses Association (GMVNA), SRW Inc. and Staples.
The GMVNA has renewed their lease of 5,087 s/f at 278 Mystic Ave., also known as the Middlesex Building. They have been at that location since 1993. The GMVNA is a non-profit organization that provides high-quality and compassionate care. Their services include skilled nursing, rehabilitation, home care, social work, specialty and private care.
SRW Contractor's Supply, Inc., renewed their lease of 14,628 s/f at 206-210 Mystic Ave. SRW is a wholesale distributor of windows, roofing, siding, doors and accessories for New England builders. Â SRW has been a tenant of Combined Properties since 1997.
Staples Inc. has renewed their lease of 18,967 s/f at 282 Mystic Ave. The office equipment, furniture and supply retailer has been at this location since 1992.
Director of leasing, Greg Regazzini represented Combined Props. in each of these transactions.
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.
>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.
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