Stryker Development, a division of Stryker Corporation, has executed a new 6,948 s/f lease to relocate its operations from One Kendall Sq. in Cambridge to 150 Bear Hill Rd.
Colliers Meredith & Grew's Tucker Hansen and Tim O'Brien represented Stryker Dev. in the transaction. Associate Alex Plaisted of CB Richard Ellis/New England represented the landlord, King Street Properties LLC.
Specifics of the lease transaction were not disclosed.
Built in 1980 and renovated in 1998, 150 Bear Hill Road is two-story, 20,400-square-foot office, R&D and light manufacturing building located off Route 128 in Waltham, Mass.
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.
>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,
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