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.
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.
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
>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.
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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.