News: Front Section

Tosti, Walles, McGuire and Powers of CBRE/NE broker 9,183 s/f lease

CB Richard Ellis/New England, a joint venture partner with CB Richard Ellis, has brokered a new 9,183 s/f lease on behalf of Capital Group Properties & Secured Realty with new tenant Kenney & Sams, P.C. at 134 Turnpike Rd. The CBRE team of Chris Tosti, executive vice president/partner, Rob Walles, senior vice president/partner, Robert McGuire, senior vice president/partner, and Alison Powers, associate, represented Capital Group Properties & Secured Realty. Representing Kenney & Sams, P.C., a litigation boutique law firm with offices in Boston and Metrowest, were Matthew Giffune, assistant vice president, and Rick Schuhwerk, vice president, at Jones Lange LaSalle. "We are pleased to have helped facilitate this transaction," said McGuire. "A new lease of this size is not only a testament to the quality of the asset and the ownership, but also to the strength of the Metrowest market." 134 Turnpike Rd. is a 50,000 s/f class A office building located on Rte. 9 adjacent to the Sudbury Reservoir and clost to I-90 and I-495. Southborough Place is a three-building office park with over 250,000 s/f. Southborough Place is owned and managed by Capital Properties Group & Secured Realty. 134 Turnpike Rd. is exclusively leased by CB Richard Ellis.
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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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Columns and Thought Leadership
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.
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.
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.
Newmark negotiates sale of  10 Liberty Sq. and 12 Post Office Sq.

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,