Front Section

The Conrad Group sells 10,000 s/f Little Sprouts Daycare - $4.125m

Hingham, MA The Conrad Group, Inc. brokered the sale of  The Little Sprouts Daycare Center at 73 Abington St., for its owner, MDC Properties. The 10,000 s/f center was built two years ago on 5.5 acres.

JLL Capital arranges $6.46m sale of 67,544 s/f 8 Essex Center Dr.

Peabody, Ma  JLL Capital Markets has closed the $6.46 million sale of 8 Essex Center Dr., a 67,544 s/f office property.

CBRE brokers $17.63m sale of 81,596 s/f light industrial building

Mansfield, MA CBRE arranged the sale of an 81,596 s/f light industrial building located at 120 Forbes Blvd. Brickman acquired the asset for $17.63 million. >Located within the 50-acre Cabot Business Park, one of the largest campus-style industrial parks in New England, 120 Forbes Blvd. is located at the junction of I-95, I-495 and Rte. 140.

Lincoln Property Company reps Electric Hydrogen Co. in 30,601 s/f relocation/expansion - 20,400 s/f at Three Strathmore Rd., and 10,201 s/f at One Strathmore Rd.

Natick, MA According to Lincoln Property Company (LPC Boston), Electric Hydrogen Co. has completed a 20,400 s/f lease expansion into Three Strathmore Rd. The full-building expansion comes only five months after Electric Hydrogen initially opened their eastcoast

Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore

While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:

PUMA opens 150,000 s/f headquarters at Federal Realty’s Assembly Row - Designed by Gensler, built by Timberline, leased by C&W

Somerville, MA PUMA has officially opened its new North America headquarters at Assembly Row, bringing together the company’s approximately 450 employees from its two former offices in Boston and Westford, Mass.

Conrad Group sells office for $1.8 million

Norwell, MA The Conrad Group negotiated the sale of 52 Accord Park Dr. The three-story, 17,500 s/f office building is situated on 1.82 acres in Accord Park. According to Robert Conrad, president of The Conrad Group, “It is good to see the office market on the South Shore

Senné hires Elliot as director of debt & structured finance

Boston, MA The industry-leading real estate advisory and investment firm Senné has hired Andy Elliot as director of debt & structured finance. As director of debt & structured finance, Elliott will lead the commercial real estate debt and equity

CBRE arranges $175 million sale of six-building industrial portfolio

Franklin, MA CBRE has arranged the sale of a six-building industrial portfolio (known as Partners Industrial Portfolio) in suburban Mass. New York City-based Link Logistics Real Estate acquired the assets, which total 802,194 s/f, for $175 million.

There are signs of a very hot hotel and resort market - by Earle Wason

I could never have imagined on January 1st how this year’s hotel brokerage transactions could lead to one of our best. My firm, Wason Associates, has had a business model that is paying dividends for us at this time as resort markets throughout New England and New York have been where the greatest