Auburndale Realty Co., Newton, Mass. and Rob Nahigian, FRICS, SIOR, CRE, MCR are pleased to announce the expansion of 10,000 sf of warehouse space at the Groton Ayer LLC facility, 95B Fitchburg Road, Ayer, Massachusetts. The space was leased by Elliott Auto Supply Co. Inc. dba Factory Motor Parts of Eagan MN. FMP manufactures Splash, a windshield wiper fluid sold nationally. The space will serve Splash with the need for excess space to warehouse and distribution of its products. Factory Motor Parts teams up with OE Suppliers to distribute aftermarket parts from nationally-known brands and its own product lines— FVP and SPLASH. They provide a full line of premium products, offer automotive, marine, golf cart, and lawn and garden parts, along with windshield washing, de-icing, and all-purpose cleaning solutions.  Factory Motor Parts provides premier automotive parts, resources and programs to fulfill the needs of dealerships, independent service centers, fleets and wholesale distributors. Rob Nahigian represented the landlord.

Nahigian speaks on RIAR panel on recent NAR commission lawsuit, June 13, 2024

Rob Nahigian of Auburndale Realty Co., Newton, MA was honored to serve as a panelist for The Rhode Island Association of Realtors informative webinar on June 13, 2024. The program was named “Adapting and Thriving: Transforming Real Estate Transactions Together”. The program drew attendees throughout New England including SIOR and CCIM members. The topic was to discuss the seismic shifts expected in the real estate landscape on commissions due to the recent NAR lawsuit settlement. The panelists included John Dolbec, Chair of the RI Mortgage Bankers Association, Scott Kriss, Esq of Kriss Law Atlantic, Rob Nahigian of Auburndale Realty, Beverly Pierce and John Breault of RIAR. Discussions included how to navigate buyer agreements and fees for real estate professional services, potential changes to mortgage terms and conditions and how commercial real estate brokerage has adapted various methods of compensation beyond commissions, how to select buyer customers and developing a business plan. Rob Nahigian, FRICS,SIOR,MCR,CRE discussed how the commercial real estate industry has adapted to various services and fee methods offered to commercial buyers and tenants. Commercial real estate has adopted tenant/buyer representation since the topic was first introduced in the early 1990s in SIOR. Thank you to Ann Enos of RIAR for organizing this event. 

Nahigian lectures at Boston University, 2024

Rob Nahigian,FRICS,SIOR,CRE,MCR of Auburndale Realty has completed teaching Commercial Lease Analysis at Boston University in its Certificate of RE Studies. Rob has served on the BU Faculty for 30 years on various topics. The winter semester covered 55 lease clauses that may be found in an industrial, office or retail lease. His guest speakers have included the head of global real estate for Fidelity Investments, the former head of real estate for Sears Holdings, the director of acquisitions for Marcus Partners, one of the top real estate Boston attorneys, and a real estate counselor for Colliers International.

Nahigian to lecture for MA NAIOP April 2024

Rob Nahigian, FRICS,SIOR,CRE,MCR has been asked to teach a course on Commercial Due Diligence in the Sale of RE for MA NAIOP and its Certificate of RE Studies. The zoom course will be offered during April, 2024. Rob has taught many courses for MA NAIOP over the years and is a senior lecturer.

Nahigian completes NH corporate rep leasing assignment

Rob Nahigian, FRICS,SIOR,CRE,MCR completed during March, 2024 a corporate rep assignment for SeaCoast Pathology in Exeter, NH. Rob negotiated a long-term renewal with its new owner AG-SC Hampton Road Owner of Wellesley, MA. The medical/lab building has a total of 83,742 sf and is located in Exeter, NH and the renewal was for 17,120 sf. Fellow real estate counselor, Bob Cleary, CRE of Colliers International was engaged as the real estate advisor for SeaCoast.

Nahigian completes Counseling Assignment

Rob Nahigian,FRICS,SIOR,CRE,MCR of Auburndale Realty Co. in March, 2024 completed a counseling assignment to negotiate a long-term industrial lease renewal on behalf of the landlord. The lease renewal was for 52,000 sf in Holliston, MA for industrial and office space.

Nahigian completes litigation support for MA Prosecution Office on broker complaints

Rob Nahigian has been working with various state prosecutors from the Office of Occupational Licensure on complaints against real estate brokers during 2022, 2023 and 2024. Prosecutors have asked Rob to provide opinions on reasonable care and standard of practice as well as other regulations and potential violations including Code of Conduct and Code of Ethics.

Nahigian speaks for SIOR Oklahoma Chapter Nov. 29, 2023

Rob Nahigian was invited to run a workshop on Negotiating Skills and advanced modelling for the SIOR Oklahoma Chapter in Oklahoma City on Nov. 29, 2023. The program was held at the Colcord Hotel, downtown Oklahoma City and was attended by Chapter members, corporate associates and SIOR candidates. Additional special guest David Lockwood SIOR Global President was in attendance.

Nahigian completes counseling assignment for BPDA on recording-rehearsal studio

Rob Nahigian, SIOR,CRE,MCR, FRICS completed a counseling assignment October, 2023 on the potential conversion of an industrial building at 290 N. Beacon, Brighton, MA into recording-rehearsal studios. The assignment included research from over 75 sources that culminated in an over 130 page report. BPDA is the potential owner on a property swap from IQHQ and is an initiative by the Mayor’s office on displaced musicians from another Brighton property. The project commenced in April, 2023 by Rob Nahigian.

Nahigian completes counseling of Twin City Center Sale

Rob Nahigian, FRICS,SIOR,CRE,MCR has completed a five year project to sell Twin City Center, a 300,000 sf retail center located in Leominster, MA. The project closed the first week of May, 2023. Rob has advised to the ownership since 1994 repositioning the tenancy and financials. He then worked on contacting institutional and regional buyers for this retail project.