Weber and McMahon of Newmark Knight Frank arrange 11,500 s/f in leases
Ryan Weber and Christopher McMahon, senior managing directors at Newmark Knight Frank (NKF), represented the landlord in two recent transactions at 85 Bolton St. The landlord, Bolton Street, LLC, recently converted the former Wyeth Research Center to Walden Square Science Center.
Tetragenetics Inc. has leased 9,000 s/f on the second floor. Cushman & Wakefield represented Tetragenetics Inc.
Ligon Discovery, Inc. has leased 2,500 s/f on the first floor. NKF represented Ligon Discovery, Inc. as well as the landlord in this transaction.
"The building is a great solution for growing life science companies that need functional laboratory space in a timely manner at affordable rates," said Weber.
Newmark Knight Frank is one of the largest independent real estate service firms in the world.
Headquartered in New York, Newmark Knight Frank and London-based partner Knight Frank operate
from over 220 offices in established and emerging property markets on six continents. With a combined
staff of 7,300 and revenues last year exceeding $861 million, this major force in real estate is meeting the
local and global needs of owners, tenants, investors and developers worldwide. For further information,
visit www.newmarkkf.com.
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.
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
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,