Albert Phelps, managing and leasing agent for Merritt 7 Corporate Park has earned the U.S. Environmental Protection Agency's (EPA) Energy Star award, the national symbol for protecting the environment through superior energy performance.
Merritt 7 is one of the only office parks in the state to have earned the Energy Star label for energy efficiency and environmental performance.
Merritt 7 received Energy Star recognition for Buildings 201, 301 and 401, three of six buildings that make up the 1.4 million s/f office complex. By earning the Energy Star, Merritt 7 is using approximately 35% less energy than average buildings, while still providing quality service and comfort to its tenants.
Through a collaborative effort between Phelps, and ING Clarion, the property owner/asset manager, numerous actions were taken over a several year period to make the buildings more energy efficient.
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.
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,
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.
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.
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