News: Front Section

Scafati of Press/Cuozzo Comm'l. sublets 11,238 s/f to DeCarlo & Doll

According to Stephen Press, SIOR, co-principal of Press/Cuozzo Commercial Services, Albert Scafati, senior commercial advisor, has sublet 11,238 s/f of third floor office space at 290 Pratt St. to DeCarlo & Doll, Inc. Scafati was the listing agent for this beautifully finished office space comprised of private offices, a conference room and kitchen, exposed wood ceilings and oak beams. The space was sublet for $11.50 s/f plus electric. Scafati represented the tenant, Senior Whole Health of CT, Inc., while David Melillo, of H. Pearce Commercial, represented the sub-tenant.burlington, ma NAI Hunneman brokered a 3,365 s/f office lease at 7 New England Executive Park. Odyssey Systems Consulting Group Ltd. signed a four-year lease. NAI Hunneman's Jim Boudrot, senior vice president, Steve James, executive vice president/principal, Michael McCarthy and Evan Gallagher, both associates, represented Odyssey Systems. Elias Demakes of Meredith & Grew represented the landlord, Equity Office Properties. 7 New England Executive Park is located in the 10-building, 1 million s/f New England Executive Park, near Boston and minutes from Rtes. 128, 3, and 93. "New England Executive Park is one of the largest and most beautiful office parks in suburbs," said Boudrot. "This office campus offers numerous amenities, including a full service bank and a fitness facility, and we hope our client will continue to enjoy these amenities for years to come."
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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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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.
It’s time to get creative with closed college campuses - by Christian Koulichkov

It’s time to get creative with closed college campuses - by Christian Koulichkov

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
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,
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.