News: Front Section

Ryder and Suny of Cummings lease 25,000 s/f to Discovery Labware

Discovery Labware, Inc. Becton Dickinson and Co. (BD) combined a face-lift with its recent multi-year, 25,000 s/f lease extension at 6 Henshaw St. According to company officials, Discovery Labware is a business unit of BD Biosciences, which is one of three business segments of BD. BD Biosciences is one of the largest businesses supporting life sciences today with regional offices in Europe, Asia-Pacific, Latin America, Japan, Canada and the U.S. Cummings Prop'. associate property manager, David Ryder, said that Discovery Labware benefited from Cummings Properties' vertically integrated structure that includes in-house leasing, design, construction and property management. "Our team worked with BD's global real estate group to develop a program to renovate and update the space. We were able to complete the entire project in 45 days while their operations were on-going," he added. Ron Rondeau, facilities manager for Discovery Labware, said this was his first time working with Cummings Props. on a construction project. "We were impressed with their professionalism and on-time delivery. The project was exceptionally smooth." Discovery Labware was represented by Tamie Thompson, managing director of Jones Lang LaSalle. David Suny, senior operations manager, and Ryder represented Cummings Properties.
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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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Columns and Thought Leadership
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.
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.
Newmark negotiates sale of  10 Liberty Sq. and 12 Post Office Sq.

Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

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,