Richards Barry Joyce & Ptrs. earns 2007 CBA Life Science Deal of the Year award from the CBA
Richards Barry Joyce & Partners, LLC (RBJ) and its work with Shire Human Genetic Therapies earned the firm the "2007 CBA Life Science Deal of the Year" award from the Commercial Brokers Association.
In 2007, RBJ developed and executed a real estate strategy for Shire, in which the RBJ team analyzed all aspects of Shire's real estate portfolio and associated business operations, from headquarters to research, to manufacturing and distribution. Execution of the strategy resulted in five transactions in Lexington and Cambridge, representing 242,500 s/f of office, laboratory and biotechnology manufacturing space. The RBJ team that represented Shire consisted of Robert Richards, president, Jonathan Varholak, partner, and Brian Cohen, director of consulting services.
The CBA's "Deal of the Year" awards are presented to acknowledge the leading transactions in four major categories: life science, office, industrial and retail. The award takes into account complexity, ingenuity, market impact, uniqueness and transaction size. The award was announced at the CBA's annual awards banquet. The CBA is a division of the Greater Boston Real Estate Board.
"RBJ is pleased to have worked with Shire to develop a real estate strategy to support the company's business," said Brian Cohen, director of consulting services, RBJ. "Our work helped set the stage for the company's expansion, based on extensive review of Shire's employee demographics and growth estimates."
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.
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,
>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.
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