New England Real Estate Journal

The Largest Weekly Commercial Investment Real Estate Newspaper in the Country

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Economic uncertainity leads to tenant opportunities

As the business community struggles with the loaming threat of a recession, landlords are becoming more responsive to tenant requests. Most landlords are more responsive to the needs of tenants when market conditions are trending downward. In most instances, the reason for this is due to rental rates decreasing and space no longer being at a premium. Therefore, tenants have the ability to relocate to higher class buildings for less or comparable rent.
Historically, asking rental rates decrease ...

Eleven lawyers in DLA Piper Boston have been recognized Eleven lawyers in DLA Piper have been ranked as leaders in their fields in the Chambers USA: America's Leading Lawyers for Business.
Chambers also honored DLA Piper's national Real Estate Team with the 2008 Award for Excellence, which recognizes the top real estate team in the country.
"We are pleased that Chambers has once again recognized our Real Estate practice in Mass., and that more than one third of our lawyers are recognized as leading attorneys in their respective areas," said DLA ...

The nervous housewife clause

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I got my training in reviewing commercial loan documents for developer clients in the late sixties and most of the decade of the seventies. My then boss and law partner was the late Howard Rubin. Howard often referred to a common clause in loan documents, which allowed a lender to call a loan if the lender felt uncomfortable about the loan, as "the nervous housewife clause."
Lenders rarely agree to delete this clause. The best I have gotten a lender to do is to modify the clause to read as ...

Gouveria of Suffolk selected to BBJ's "40 Under 40"

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Jeffrey Gouveia, Jr., executive vice president and general manager at Suffolk Construction Company, Inc., has been named to Boston Business Journal's "40 Under 40."
Gouveia, at age 39, has become one of the most successful construction executives in New England. He began his career at Suffolk at age 23 and spent his first eight years with the company establishing Suffolk's successful Fla. division. In 2006, he was promoted to EVP and GM for Suffolk's largest construction team dedicated to ...

45th anniversary as largest comm'l./investment/economic dev. weekly newspaper in the world

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The New England Real Estate Journal is planning its 45th anniversary issue this fall. Founded in 1963 it is recognized as the largest commercial/investment/economic development weekly newspaper in the world.
The first issue, dated January 17, 1963 (coincidentally the founder's twenty-seventh birthday) contained 12 pages and $900 in advertising revenue. I interviewed the owners of the Boston Wharf Co. in South Boston and sold them a $20 ad. Carleton Hunneman bought a $50 ad just to help me get ...

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