News: Front Section
Posted: January 10, 2020
Washington Trust’s Commercial Real Estate Group provides $5.7 million to Lexmar Realty, LLC
Milford, CT Washington Trust’s Commercial Real Estate Group provided $5.7 million to Lexmar Realty, LLC, for the construction and permanent financing of a new 23,293 s/f office building at 100 Plains Rd. This new location benefits from its I-95 frontage and is 15 miles southwest of New Haven Central Business District and 30 miles northwest of the Stamford Central Business District.
“We are pleased to work with Lexmar Realty for the financing of their new well-located office headquarters,” said Julia Anne Slom, senior vice president and team leader of Washington Trust’s Commercial Real Estate Group. “We look forward to seeing our new client’s further growth and success.”
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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.
Quick Hits
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.
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.
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.
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
