Rob Nahigian,FRICS,CRE,SIOR,MCR of Auburndale Realty Co., Newton, Mass. is pleased to announce that it has completed a 6 year advisory assignment on 3 projects in Franklin, Mass. during July, 2015. Rob served as the Real Estate Counselor and the counseling assignment collectively pertained to a 4 acre retail site acquired by J&J W. Central Trust, LLC in the spring of 2009 and industrial properties located at 5 and 7 Forge Parkway, Franklin, Mass.
Category: News from Auburndale Realty
Real Estate Licensing Commission
Auburndale Realty Co. is pleased to announce that its principal, Rob Nahigian,FRICS,SIOR,CRE,MCR of Auburndale Realty Co., Newton, Mass. on June 15, 2015 was appointed by the Mass. Real Estate Licensing Commission/Real Estate Board to its Education Subcommittee. Rob received a confirmation letter from Associate Executive Director Ann-Margarette Barry to inform him of the appointment. The Education Subcommittee reviews and recommends to the State’s Executive Director and Associate Executive Director the continuing educational requirements to remain a real estate licensed salesperson and/or broker. The Ed Subcommittee also recommends the hours required for educational requirements for all licensing issues and approves any new courses submitted by the public for review. They make recommendations to the course content and outline format both for residential and commercial real estate licensing practitioners. Rob will be serving as the representative involved in commercial real estate. He has been periodically working with the Ed Subcommittee since 1998 and in the last 4 years has developed voluntarily and submitted over 34 CE commercial courses.
Protect consumers in the Commonwealth
– Ms. Barry indicated that the members of the Real Estate License Board expressed their sincere thanks and deep appreciation to serve the Board and help to ensure that licensed real estate agents deliver quality assistance to their clients and customers in a professional manner. Rob’s service will also enhance the ability of the Board to protect consumers in the Commonwealth in the practice of real estate brokering. Rob will be serving a one year term.
Complete a site lease with Impact Technical Sales
During the summer of 2015, Rob Nahigian, FRICS,SIOR,CRE,MCR of Auburndale Realty Co., Newton, Mass. is pleased to announce the office lease of 2,856 RSF by Impact Technical Sales at 60 Mall Rd Burlington, Ma. The property is owned by 50-54-60 Mall Road, LLC and managed by RJ Kelly Co of Burlington, MA. ITS is currently located at 1 NEEP Burlington MA. Rob Nahigian exclusively represented ITS. Mark McLean VP of Asset Manager represented the landlord. The lease was consummated during July 2015 after a 4 month site search and negotiations.
Discussion at a number of regional and national commercial real estate events across the United States
During the winter and spring of 2015, Rob Nahigian, FRICS, SIOR, CRE, MCR of Auburndale Realty Co., Newton, Mass. was invited and spoke at a number of regional and national commercial real estate events throughout the U.S. as an industry subject matter expert.
Subdivision planning and the land lease to Wendy’s Restaurant
The seller, J&J West Central Realty Trust, LLC had a combined value of $2,050,000 for all transactions. Robert J. Nahigian of Auburndale Realty Co. was their portfolio consultant. Rob was instrumental in subdivision planning and the land lease to Wendy’s Restaurant. Mark Urbanek of Atlantic Commercial was engaged at the broker for lots 2 and 3.
Winter Semester Course “Commercial Lease Document”
– Additionally Rob taught his Boston University Winter Semester Course “Commercial Lease Document” from January through March, 2015 to industry up and coming real estate practitioners. The same course was also delivered May 1-3 at Boston University in a 28 hour format to a sold out class capped at 25 students. Rob also completed teaching for NAR RealtorU on-line Masters Degree program during the Winter semester, Real Estate Investment: Capitalization and Taxation” and the Spring Semester “Commercial Real Estate Acquisition Management.” He will be teaching the late Spring on-line semester, “Advanced Analytics for Real Estate Investments” and on June 10 in Chicago for the SIOR National Designation courses, “Art of Negotiating” and “Synergistic Sales Skills.”
– Rob will also be delivering the program “From Shanghai to Your Shelf” on May 21, 2015 for the Charleston Trident Association of Realtors in N. Charleston, SC. Over 90 attendees are expected.
Society of Industrial and Office Realtors (SIOR)
– On February 6, Rob spoke at the Society of Industrial and Office Realtors (SIOR) NWFL/ALA/MS/LA Chapter in New Orleans on Synergistic Sales Skills. Over 40 of the top office/industrial brokers from these 4 states attended the Pan Am Conference Center for this 3 hour presentation. Rob presented new ways of marketing to express value to clients and included examples of non-real estate company struggles with competition. On February 12, Rob spoke at the SIOR Oregon Chapter on Commercial Due Diligence on the Sale of Real Estate and Understanding a Corporation’s Financial Statements. The program was held the University Club in downtown Portland. The attendees had a review of due diligence both from as a selling and buying broker. The material than dissected company financials and financial statements to evaluation risk and credit factors in lease negotiations. On February 25, Rob gave his program “From Shanghai to Your Shelf: Industrial Logistics and Supply Chain” to the SIOR E. Tennessee Chapter. This 4 hour CE approved program was delivered to its members in downtown Nashville. Rob discussed the intricacies of the 3rd Panama Canal and the impact on industrial site selection on the east coast, the shift from the west to east coast and corporate mathematical models used internal at corporation’s real estate committee on selecting building and/or land sites. Rob also gave the same presentation, “From Shanghai to Your Shelf” to the Louisiana Industrial Development Executive Association (LIDEA) in Bossier City, LA on March 18. Over 60 members attended this pre-convention seminar. The event was held at the Shreveport-Bossier City Casino and attendees were from various state and county economic development offices, rail roads and utility companies.
DCS Corporate Brokerage Assignment
– Auburndale Realty Co., Newton, Mass. is pleased to announce that in May 2014, it recently completed an office/lab and industrial corporate brokerage assignment representing DCS of Alexandria, Virginia with The Ezra Co. The lease transaction resulted in the leasing of a total of 41,515 square feet in Devens and Littleton, Massachusetts. Rob Nahigian, FRICS, SIOR, CRE, MCR assisted The Ezra Co, who represents DCS Corporation nationally, in its lease of 27,215 square feet at 295 Foster Street, Littleton, Mass. and 14, 300 square feet at 67 Buena Vista Street, Devens, Mass.
Retiring from the CBA Board of Directors
– Additionally, after 13 years, Rob announced during the Fall of 2014 to President Neil Schneider of the Boston’s Commercial Brokers Association, that he was retiring from the CBA Board of Directors. He was recognized in a private Board meeting on December 18, 2014 for his years of contribution on the Board. He has served the longest term of CBA on its Board of Directors and has held positions for CBA. Such roles has included: Government Affairs Liaison, Commercial Overlay Task Force, Continuing Education Co-Chair, Member of the Massachusetts Real Estate Licensing Education Subcommittee, Agency Law Task Force Member and Continuing Education GBREB Task Force. He also served as an instructor for CBA CE education, has organized CE panels and/or served on panels on such topics as Commercial Real Estate Ethics, Industrial Logistics & Supply Chain, Investment Real Estate, Due Diligence in Commercial Real Estate, Commercial Tenant Representation, etc.