News: Front Section

Richards Barry Joyce & Partners reps Intercontinental in 88,930 s/f lease

Richards Barry Joyce & Partners has represented Intercontinental R.E. Corp. in an 88,930 s/f lease with ImmunoGen, Inc. at 830 Winter St. 830 Winter St. is comprised of 182,106 s/f and ImmunoGen will occupy office and laboratory space on three floors. ImmunoGen will be moving to Waltham from its headquarters in East Cambridge. "830 Winter St. is one of the top laboratory facilities in the Greater Boston suburbs," said Thomas Taranto, director, head of asset and portfolio management at Intercontinental. Jon Varholak, Michael Frisoli and Ron Friedman of RBJ represented Intercontinental. Roy Hirshland and Mike Shreve of T3 Advisors represented ImmunoGen. "Boston's suburbs continue to attract biotechnology companies, with Waltham and Lexington at the forefront of this trend," said Varholak, partner, RBJ. "The scarcity of opportunitiesin Cambridge, which was created by the tremendous growth of Boston as a hub of biotechnology, has helped fuel the growth of biotech in the suburbs."
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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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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.
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.
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
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.