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News:
Owners Developers & Managers
Posted: November 22, 2019
Gardner of DMG Brokerage completes 2,200 s/f lease and $765,000 sale
Westwood, MA Dan Gardner of DMG Brokerage has leased 2,200 s/f to Development Pediatrics of Greater Boston located on the 2nd floor of 100 High St. for three years starting in September. Gardner represented the landlord and tenant. The building is 7,400 s/f.
Also, Gardner completed the $765,000 sale of 201 Revere St. in Canton. This property is a 5,028 s/f mixed-use office stand alone with two residential apartments. The building sold in October. Gardner represented the owner, Ann and Skip Pfeffer. The buyer, Arc One Development was represented by Karen Henry of Jack Conway.
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Life Time opens 60,000 s/f athletic club at BXP’s Prudential Center in the Back Bay
Boston, MA Life Time, one of the nation’s premier healthy lifestyle brand, debuted Life Time Prudential Center — representing its first downtown city destination and seventh in Massachusetts — opening its doors inside the city’s Back Bay landmark.
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Columns and Thought Leadership
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock
A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson
As the commercial real estate market continues to navigate the disruptive forces of rising vacancy rates and increasing operating costs, landlords are under pressure to find new levers to protect income and strengthen asset performance. Amid these challenges, onsite solar and battery storage – particularly when financed through third-party ownership models – are emerging not just as environmental upgrades, but as powerful financial strategies.
New Quonset pier supports small businesses and economic growth - by Steven J. King
Quonset recently celebrated a milestone nearly 70 years in the making when federal, state, and local leaders joined us for the ribbon cutting of the new Terminal 5 Pier and Blue Economy Support Docks at the Port of Davisville.
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan
When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities – they are crucial documents that confirm the status of existing leases. Tenant estoppel certificates offer prospective buyers and lenders necessary assurance regarding the property’s financials and any