News: Front Section
Posted: December 30, 2016
What was your most notable project, deal, or transaction in 2016? - Dan DeMarco of Campanelli
Dan DeMarcoCampanelli
The sale of Heritage Landing (Heritage One & Heritage Two) was a huge success for the Campanelli team in 2016. When we purchased the properties in 2013 they had been 100% vacant for over five years. Campanelli reinvented the entire campus and transformed the North Quincy market, creating multi-tenant buildings with modernized common area amenities including café service from downtown eatery, Sebastians, a 24/7 grab-and-go food option and a massive fitness center. The combination of amenities and the location right on the Red Line T attracted over 80% of our tenants to move from their offices in Boston and experience great rent savings and value over the CBD.
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
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
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.
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,