Normandy Real Estate Partners, one of the largest real estate owners and operators in the Boston to Washington, D.C. corridor, has appointed Thomas Walsh as principal. In this capacity, Walsh will be responsible for directing all of the company's development and construction activities.  Currently, Normandy has approximately $175 million of major development and construction projects in progress. Â
"Tom Walsh is one of the most respected and accomplished development professionals in the region and we are thrilled to have him join Normandy at such an exciting time in our company's history," said Finn Wentworth, founder and managing principal of Normandy Real Estate Partners. Â David Welsh, founder and managing principal added, "Having worked very closelywith Tom for years while at Gale & Wentworth, Finn and I have the utmost confidence that he will have a tremendous impact on the future growth of our company."
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.
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.
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,