News: Front Section
Posted: December 9, 2022
Triglione, of Nordlund Associates, Inc. sells 4,300 s/f office for $1.65 million
Newburyport, MA Nordlund Associates has completed the sale of 7 Prince Place, Unit 301, in downtown. The 4,300 s/f office condominium was purchased for $1.65 million by the owners of Ambrosi, Donahue & Congdon, CPA, a local area certified public accounting firm.
The seller, Tom O’Rourke, of 7 Prince Place LLC, said, “We engaged Anthony Triglione and Nordlund Associates because of their local area commercial real estate expertise and strong marketing plan in order to find the right buyer for our property. We appreciated Anthony’s professionalism throughout the entire process and his ability to get this transaction completed during an unpredictable market for office space due to the pandemic.”
Tags:
Front Section
MORE FROM Front Section
Front Section
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.
Columns and Thought Leadership
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.
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
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,
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.