A ribbon cutting ceremony for The Metropolitan, 1515 Summer St., has captured the interest of Stamford buyers seeking a truly unique, sophisticated, urban living experience. The Metropolitan, Stamford's first luxury loft condominium development has 10 residences remain available.
The building represents a conversion of a 66,000 s/f office building. The Metropolitan's gray stucco, natural copper, and stainless steel façade opens to a lobby. The 39 condominium residences astound with 10-11 foot ceilings, expansive windows, and sleek interiors. Penthouse units offer large private terraces and panoramic views. Adjacent to the main building, 12 four-story brick and stone townhomes are under construction. All residents enjoy a building concierge, private fitness center, a temperature-controlled wine storage facility, and a club room with flat screen television.
Construction financing has been provided by Citizens Bank of Connecticut.
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.
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
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.
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,