by: Neal Lappe 6 minute read Nearly every time you read about the top traits of successful salespeople you’ll find a section about qualifying buyers. In sales, the buyer is not the only one who should be making a decision. The salesperson has to decide how much time and energy to pursue the buyer. Too […]
Griffith Properties Will Transform Asset into Class A Lab Space in Emerging Life Science Market Watertown, MA, January 25, 2021 – Griffith Properties and partner, a fund controlled by DRA Advisors, have acquired a 145,000 SF flex/industrial property located at 580 Pleasant Street for $21.5 million. The property will undergo a gut renovation and will […]
During 2019, experts had predicted a rise in interest rates. However, rates actually fell due to actions by the Fed. What does the rate drop mean for commercial real estate in Massachusetts? Although no one can predict the future, here are a few on the impact of reduced interest rates on commercial real estate in […]
Somerville, MA DLJ Real Estate Capital Partners has acquired the office/industrial headquarters site of moving company Gentle Giant for $23 million. The three acre parcel is adjacent to the 3.4 acre site DLJ acquired in a joint venture with Leggat McCall Properties (LMP) in November of 2018 from J.J. Vaccaro, where a 290,000 s/f life sciences […]
Real estate remains one of the most reliable and predictable forms of investment. If you’ve historically invested in residential real estate and are considering a shift into commercial real estate, there are a few things to know before you get started. Here are a few tips on how to get into commercial real estate investing […]
Commercial Real Estate (CRE) renovations can be a major undertaking for investors. When done well, it can lead to returns in the form of higher rents, better tenants, and increased property value. However, the process is also prone to mistakes, which can be very costly in the short- and long-term. Below are some common mistakes […]
Given the age of many buildings in and around Boston, capital improvements are key to competing in the market and maintaining property value. As you explore different renovation plans, what should you focus on? Here are a few building renovations that transform commercial real estate properties in ways that improve the bottom line of real […]
1 – Location As the saying goes, real estate is about “location, location, location.” Location remains one of the most important factors for investing in commercial real estate in Greater Boston. It includes many variables, such as: Vicinity to Other Businesses/Services Access to Public Transportation Parking Availability Neighborhood Amenities Scenic Views Market Activity & Values […]
Environmental liability is a growing concern in the commercial real estate industry. Being an educated investor involves understanding potential issues and taking precautionary steps whenever possible. Although this topic is far more comprehensive than we could ever cover in a single article, below are a few environmental liability precautions for Boston commercial real estate investments. […]
ABG’s Bernard Gibbons Represents Seller, Procures Buyer in Development Deal Somerville, MA, November 19, 2018 – DLJ Real Estate Capital Partners, in a joint venture with Leggat McCall Properties (LMP), has acquired a 3.4 acre office/industrial site from construction management firm J.J. Vaccaro for the sum of $13.5 million. The deal for the […]
