News: Front Section

The Bulfinch Companies' leases 6th floor totaling 22,442 s/f to Siemens

According to The Bulfinch Companies, Inc., Siemens Healthcare Diagnostics, Inc. has leased the entire sixth floor measuring 22,442 s/f in the Smithsonian Astrophysical Institute Observatory, at Cambridge Discovery Park. Cambridge Discovery Park is a twenty-seven-acre campus, masterplanned to accommodate an additional 700,000 s/f in multiple LEED certified office, laboratory and research and development buildings when completed. The park fronts Rte. 2 and is close to Rte. 128. Curtis Cole, Chuck Kavoogian and Adam Brinch of CB Richard Ellis N.E. represented Siemens and Jon Varholak and Eric Smith of RBJ represented the landlord. According to Michael Wilcox, vice president, director of leasing at Bulfinch, "Cambridge Discovery Park is an ideal setting for a premier research company such as Siemens. We look forward to accommodating Siemens' growing needs as the park evolves into future phases of development to its 820,000 s/f build-out."
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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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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
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.
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

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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.