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News: Front Section
Posted: October 7, 2010
Young, Stevens and McDonald of CBRE| The Boulos Co. handles 84,526 s/f in three leases
Cornerstone Marketing, Inc. has leased 3,578 s/f of office space at 707 Sable Oaks Dr. from the landlord, Second Portland Limited Partnership. This transaction was brokered on behalf of the landlord by Craig Young, CCIM, partner of CBRE| The Boulos Co. and on behalf of the tenant by Peter Harrington of Malone Commercial Brokers.
Also Jim Douglas has leased 265 s/f of office space at 650 Main St. from the landlord, Income Property Management. This transaction was brokered on behalf of the landlord and tenant by Nate Stevens of CBRE| The Boulos Co..
In addition FairPoint Communications has renewed its lease with the landlord, Pizzagalli Properties LLC, at 5 Davis Farm Rd. in Portland, Me. The building, which is 80,683 s/f in size, houses various offices and operations space for FairPoint and is their largest office location in the state. This transaction was brokered by Tony McDonald, CCIM/SIOR, partner of CBRE| The Boulos Co.
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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.
Columns and Thought Leadership
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.
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
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.
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.
