Scafati of Press/Cuozzo appointed agent for 11 and 21 Crestway
Press/Cuozzo Commercial Services' senior advisor Albert Scafati has been appointed the exclusive marketing agent for the properties at 11 and 21 Crestway.
The warehouse facility at 11 Crestway, Hamden was built in 1997 and is comprised of two buildings totaling 6,972 s/f. There are eight fully-leased industrial units. Each unit is 871 s/f; five of the units have 400 s/f mezzanines.
The second property, 21 Crestway was built in 1998 and is a 6,400 SF free standing warehouse building with 1,000 s/f of office.
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.
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.
>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.
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,