News: Front Section

Smith joins Equity Office as market managing director and Conley promoted to senior vice president

Equity Office Properties hires Mark Smith as the new market managing director. Smith has 27 years of experience in the real estate industry and was formerly president of Winthrop Realty Partners LP. Smith will join the Equity Office team this month. In addition, John Conley has been promoted to senior vice president of asset management and will oversee asset management and leasing activities in the city's market. working with Sandra Lally, vice president of operations, to continue to lead operations. The Equity Office portfolio-over 12 million s/f of class A office space in the market-is rich with signature properties including South Station, Rowe's Wharf, One Memorial Dr., 500 Boylston St., New England Executive Office Park, One Post Office Sq. and the Wellesley Office Park. "We look forward to having Mark work with the community to maintain our leadership role in the Boston market," said Chris Hendricks, executive vice president and chief operating officer at Equity Office Properties. "Mark's experience in financial management, leasing and operations make him the perfect fit for the position."
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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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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.
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.
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.