In 1966, when the Journal was just a 3 year old baby, I met a young Irish tennis playing plumber at the Howard Johnson restaurant in Dorchester just off the expressway. It was seven in the morning and while I don't remember who picked up the check, I do recall Mr. Tom Flatley drawing an ad on a paper napkin that I ran in the next issue. That meeting began a very nice relationship with Tom building shopping centers, hotels and office buildings all around the state of Massachusetts and me writing about them and advertising them.
Tom eventually made the Fortune 500.
Wherever you are Tom, my fondest wishes go with you, and my main regret is that while I fancied myself as a pretty fair tennis player, I never could get on the court with you because you hit the ball too hard.
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.
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
>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.
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.