News: Owners Developers & Managers

Conrad, McEvoy and McCourt of The Conrad Group broker $5.675 million in sales

The Conrad Group has negotiated the sale of two properties in Libbey Park. One property is 200 Libbey Parkway which consists of a 60,000 s/f industrial building situated on 4 acres of land. The other property is the 26,000 s/f Planet Fitness building located at the corner of Libbey Parkway at 944 Middle St. The new owner, Foxrock Properties does not plan any changes to the properties but rather wanted to add to its existing portfolio of Libbey Park buildings which already includes 90 and 97 Libbey Parkway. Bob Conrad of The Conrad Group represented the buyer in both transactions while Jim McEvoy, senior vice president of The Conrad Group and Paul McCourt, senior vice president of The Conrad Group represented the two sellers, respectively. According to the Norfolk Registry of Deeds, the sales prices amounted to $5.675 million.
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Barnat Development begins work on Phase II of Holmes Beverly - construction led by NEI General Contracting

Beverly, MA Barnat Development has begun construction on Holmes Beverly Phase II, adding 52 apartment homes adjacent to the existing development near the Beverly Depot MBTA commuter rail station. The project is financed through the newly launched Holmes Opportunity Zone Fund, focused on investing in new multifamily construction projects across New England. $10 million of Holmes OZ Fund equity is paired with $21 million in long-term
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Columns and Thought Leadership
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

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IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

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