News: Front Section

The Pike Co. honored at Conn. Building Congress Project Team Awards

According to The Pike Co., they were part of the Sports and Medical Sciences Academy project team that won the first-place award in the "K-12 Schools - New or Renovation" category of the 2009 Connecticut Building Congress Project Team Awards. In its 13th year, the awards ceremony recognizes design, teamwork, problem solving and timelines among participants in the construction process. Pike provided cost estimating services for the $71 million project, adopting a close collaboration with the other team members that improved the quality of it. The expansion and renovation created a new, 158,000 s/f Sports and Medical Sciences Academy that became home to 725 students when it officially opened almost one year ago. The school is equipped with 9 science labs, a broadcasting studio, a full size gymnasium and a field house with a rock-climbing wall. The theme of the Sports and Medical Sciences Academy is to interest students in pursuing higher education to study all fields related to sports: medicine, physiology, broadcasting, management, research, nutrition and fitness. DuBose Associates Architects designed the project, and Diggs Construction was the project manager.
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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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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
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.
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.