News: Front Section

Saracen, AEW and JLL host opening of One Washington's entrance

Saracen Properties, AEW Capital Management and Jones Lang LaSalle hosted the grand opening of the new One Washington at the corner of State and Congress Sts. 100 members of the real estate community attended the special event showcasing the 156,000 s/f, 16-story first class office building's new entrance and lobby. The mid-rise tower's $2 million capital improvement program is complete. Improvements include: entry doors and glazing; a monumental steel and glass canopy and lanterns, plaza level presence, and visibility from State St.; a full renovation of the main lobby with new lighting, tenant directory, wood panel accents on the granite walls, soffited ceiling, concierge station, and guest seating. "The new One Washington has been extremely well received by the business community," said Travis Powell, development principal at Saracen Properties. "We are pleased that the building occupancy has been raised from 60% to 80% in just the last few months.
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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
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.
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,
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.
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.