Name: Theodore Arend
Title: Property Manager (Department Head)
Company: The Grossman Companies
Location: 1266 Furnace Brook Pkwy., Quincy, MA 02169
Birthplace and year: Utica, N.Y., 1941
Family: Wife, Van; son, Torven
College: RIT, BS, Business Administration/University of Denver, MBA
First job outside of real estate: Mobil Oil, sales representative
First job in real estate or allied field: Mobil Oil, bought service stations and fixed them up.
What do you do now and what are you planning for the future? My department takes care of all of the real estate owned by the company (about 26 properties). We develop and maintain budgets for all of them.
Hobbies: Collect books - first editions, historical, special interests; hiking
Favorite book: "Catcher in the Rye"
Favorite movie: "Lonesome Dove"
Persons you admire most (outside of family): Lewis and Clark
Key to success: Persistence
If you had to choose another vocation what would it be? Book dealer
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.
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,
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.
>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.