News: Brokerage

Hughes of New Dover Associates, Inc. facilitates 8,279 s/f lease at 11 Erie Dr.

Natick, MA Scott Hughes, president of New Dover Associates, Inc. represented the landlord, Warren Cross, Jr., manager of Erie Dr. Realty LLC, in the lease of 8,279 s/f of office/flex space at 11 Erie Dr., to Fibrotex USA Inc. 

Dean Blackey, managing director, and Elizabeth Holmes, director of corporate services of R.W. Holmes Commercial Real Estate represented Fibrotex USA Inc.

11 Erie Dr. is part of 9-11 Erie Dr., an attractive single story building comprised of 13,419 s/f and located in the East Natick Business Park. 9-11 Erie Dr. is now fully leased with two tenants, Waltham Services LLC, also known as Waltham Pest Services, and Fibrotex USA Inc. 

New Dover Associates, Inc. brokered the sale of 9-11 Erie Dr. to Erie Dr. Realty LLC in 2014.

MORE FROM Brokerage

Goldberg of Spire Investments purchases Beverly portfolio for $9.2m

Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas

End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
The rise of AI in CRE - And what it means for every  skilled profession - A broker & appraiser weighs in - by Bryan Plourde

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.