News: Front Section

Spencer and Knittle of Cummings expands BioTrove's lease to 38,000 s/f

London, San Carlos, California, and Woburn have one thing in common. BioTrove, Inc., which is headquartered in Woburn, is expanding in all three places. The biotech company, which is collaborating to improve blood typing and to research genetic biomarkers for lung cancer, expanded and extended its lease with Cummings at 10 and 12 Gill St. BioTrove looked at multiple options before deciding to renew 33,000 s/f of lab and office space and add 5,000 s/f. Albert Luderer, Ph.D., president and CEO, said, "Even as we are expanding nationally and internationally, Cummings is helping us to expand locally. This is the third expansion we have completed with them." "Cummings Properties is pleased to support companies like BioTrove, which are developing breakthrough products that will speed up medical advances," said Mark Knittle, key accounts manager. Leasing/property manager Tony Spencer and Knittle represented Cummings in the transaction. Andy Majewski of CBRE represented BioTrove in the search for space and lease negotiations. The Gill St. Life Sciences Cluster is close to I-93 and 95/128, the Anderson MBTA station, a hub for commuter rail and airport shuttle service, and TradeCenter 128, Cummings Properties' latest development. Numerous restaurants, retail stores and the Woburn Mall are close by.
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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.
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.
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,