News: Front Section
Posted: December 3, 2021
The Stubblebine Co. handles two new leases totaling 107,595 s/f
Auburn, MA Greenwood Industries has leased 54,895 s/f at 17 Saint Mark St. David Skinner, senior advisor of The Stubblebine Company/CORFAC International represented Greenwood Industries, and Harrison Klein, senior associate and leader of The Klein Group, and Mark Lyman, associate of Marcus & Millichap represented the landlord.
Greenwood Industries is one of the Top 10 largest commercial roofing contractors in the United States, specializing in large commercial projects and leading the way in sustainability efforts.
Also, Pleasant Street Designs, DBA My Word! has leased a 52,700 s/f building 476 Broadway, located off Rte. 213 in Methuen. The facility was leased to accommodate the growth that the company currently experiencing. Micah Stubblebine, principal of The Stubblebine Co. represented My Word!, and Chris Everest of Nordlund Associates represented the landlord, Five Mark Properties.
With over 30 years in the retail and wholesale gift business, My Word! is a family owned company located in Methuen, Mass. They design, cut, print and package all of their signs in the USA.
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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.
Quick Hits
Columns and Thought Leadership
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.
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,
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
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.