LATEST NEWS
Finding A Commercial Property
Searching for, and selecting, a commercial Real Estate Broker for help finding space or a property to purchase is done in ways like finding other professionals. You can start by asking people you know who have leased space or bought a commercial property. Sometimes...
Why Your First Call Should Be to an Experienced Commercial Real Estate Broker
Answers to why your first call should be to an experienced Commercial Real Estate Broker: The simplest answer to why you’re confused by the square foot price differences, lease rates, and all those lease terms, net, gross, triple net, etc. is: the Agent you’re working...
Need a new Office, Warehouse, or Investment?
First, find an experienced Commercial Real Estate Broker, Why? If you’ve been looking for Real Estate to Buy or Lease by yourself, or with an inexperienced agent, you’re probably confused. Why are prices so hard to understand? Why is one office $15 per square foot and...
294 N Main St Welcomes Dr. Mohammed Gul and Meadows Health Center to the North Main Street Medical Building
L&P Commercial is pleased to welcome Dr. Mohammed Gul and Meadows Health Center to the North Main Street Medical Building, 294 North Main Street, East Longmeadow, Massachusetts. Meadows Health Center is dedicated and determined to providing the highest quality...
Client Review
We are always delighted to hear from our clients and their experiences with us. Collaborating with Woody on this project was a rewarding experience, and we're thrilled that the sentiment was shared. Dear, Bill I just wanted to thank you for representing my company in...
Land, Bennett Rd, Hampden, MA
L&P Commercial is happy to announce the sale of land on Bennett Road in Hampden, MA. The land 1.25 miles from the center of town features pristine woodlands, wildlife, streams and vernal pools, privacy, great nature walks, and has developmental potential. We're...
Recent Transactions: 70,000 SF 21A Wilbraham Rd Palmer leased to Sherwood Lumber
L&P is proud to announce the lease of 21A Wilbraham Rd., Palmer, MA to Sherwood Lumber. Sherwood Lumber is now able to utilize the 70,000 SF on the property.
Recent Transactions: 255 & 331 Liberty St. 7.8 acres purchase by Mass Department of Transportation
L&P is proud to announce the recent sale of 255 & 331 Liberty St. 7.8 acres to the Mass Department of Transportation as part of the East West rail improvement plan. The sale was for $2.4 million. L&P Commercial represented the owner of the property running...
Recent Transactions: Meadow Place Office Park welcomes new tenant Cross-Spectrum Acoustics
Meadow Place Office Park and L&P Commercial are proud to welcome new tenant Cross-Spectrum Acoustics to Meadow Place Office Park. Meadow Place Office park offers 109 square foot offices available in the Meadows Executive suites, with a common waiting area,...
- RealPage Lawsuit Will Prompt Rise in Software Contract User Protectionsby Franco Faraudo on April 18, 2024 at 3:03 am
In October 2022, a California class action lawsuit alleged that real estate software provider RealPage violated antitrust law with its “rent optimization” software. This software was used by dozens of large landlords to set rents based on market conditions. RealPage and its clients were accused of violating the Sherman Antitrust Act, with lawsuits from Arizona Read more: RealPage Lawsuit Will Prompt Rise in Software Contract User Protections.
- Governments Race To Create Incentives for Developers To Build More Affordable Housingby Franco Faraudo on April 17, 2024 at 7:59 pm
We are facing a severe housing shortage in America. Current projections indicate a need for approximately 7 million additional homes to meet population growth and address the housing affordability crisis. This requires a significant increase in multifamily development. In the previous year, roughly 1.54 million homes were built in the US, with 450,000 of those Read more: Governments Race To Create Incentives for Developers To Build More Affordable Housing.
- Stamford Jury Returns $5.5 Million Verdicton April 17, 2024 at 10:28 pm
"Every other piece of evidence in the case was through that classroom lens, if you will, which I think was very beneficial," plaintiff counsel Michael Kennedy said.
- Reading Hospital Agrees to $32.5M Settlement in Phila. Birth Injury Suiton April 17, 2024 at 9:47 pm
Ross Feller Casey founding partner Matt Casey said his firm took on the case after the first attorney the injured child's family contacted turned it down.
- Considering Cap Rates In Today’s Marketby James Nelson, Contributor on April 13, 2024 at 10:46 am
You can find the cap rate by taking the net operating income of a property and dividing it by the purchase price.
- 5 Factors That Help Determine Cap Ratesby James Nelson, Contributor on April 6, 2024 at 12:53 pm
Learn the factors that help determine cap rates on commercial properties in different markets to help you make real estate investment decisions.