News: Front Section

Wright of Cummings negotiates 7,600 s/f lease to LitmanGerson Associates

On the heels of its 30th anniversary as both a Woburn CPA firm and a Cummings Properties tenant, LitmanGerson Associates, LLP has expanded to a 7,600 s/f facility at 600 West Cummings Park. Cummings Props. operations manager Erica Wright negotiated the transaction. The firm's first lease for space was for only a few hundred square feet at Woburn's Tower Office Park in May 1980. Over the years, founding partner Gerald Gerson moved the company several times to accommodate the fast growing business and staff, yet he always leased from Cummings Props. in the same area. According to Gerson, "West Cummings Park provides the perfect location, close to I-93 and I-95, to serve our large client base." LitmanGerson is now comprised of 25 professionals, many of whom have national firm expertise, offering audits, reviews, and management consulting in addition to the company's base services of tax planning and accounting. The firm services clients locally as well as internationally. Cummings Properties is a full-service real estate development, property management, and construction firm with 83 buildings in 10 Boston area communities. It leases 10 million square feet of commercial space to more than 2,000 clients.
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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

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

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

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.

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,