News

News from Auburndale Realty

Guidance and comprehensive search for good places for the purpose of investing

Mr. Nahigian conducted a facilities evaluation and market search that included a geographic area from Western and Central MA to SE MA and Rhode Island. Springfield, Worcester, Rt. 495, SE MA and Central MA were the focus points studied. The study unveiled more than 45 sites, land and/or existing buildings with the minimum criteria of...
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News from Auburndale Realty

A highest and best use report for a commercial property in Framingham, MA on a possible disposition or redevelopment.

June, 2021, Rob Nahigian has completed a highest and best use report for a commercial property in Framingham, MA on a possible disposition or redevelopment.May, 2021, CADC Holdings have engaged Auburndale Realty Co. as its national real estate consulting firm in its acquisition and leasing of office and industrial sites nationwide. CADC is in the...
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News from Auburndale Realty

National economic trends in commercial real estate

Spring and Summer, 2021, Rob Nahigian spoke for a number of industry organizations during the 2021. He presented Retail and ECommerce to the Central Oregon Association of Realtors, April, 2021; National Economic Trends in Commercial Real Estate for the Rhode Island Association of Realtors in May, 2021. Then Negotiating Skills for the SIOR Designation in...
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News from Auburndale Realty

A real estate consultant has been hired by the former CEO of Cumberland Farms

April, 2021, Rob Nahigian, FRICS,CRE,SIOR,MCR was engaged a real estate counselor by the former CEO of Cumberland Farms, Ari Haseotes and his family trust in this disposition of 40 acres of industrial land in W. Bridgewater, MA.
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News from Auburndale Realty

Announced that he had recently completed a corporate real estate deal for Hoskin & Muir, d/b/a HMI-Cardinal of Louisville, KY

April, 2021 Rob Nahigian, FRICS, CRE, SIOR, MCR of Auburndale Realty Co., Newton, Mass. is pleased to announce that he recently completed a corporate real estate transaction for Hoskin&Muir, d/b/a HMI-Cardinal of Louisville, KY and its subsidiary Woon-Tech of 369 Douglas Road, Whitinsville, MA. It has resulted in one of the most impactful manufacturing relocation...
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News from Auburndale Realty

Due Diligence in Commercial Real Estate in the MA NAIOP Real Estate Certification Program

March, 2021, Rob Nahigian will be speaking for MA NAIOP on Due Diligence in Commercial Real Estate in the MA NAIOP Real Estate Certificate Program on March 19, 2021. It will be a Zoom program
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News from Auburndale Realty

Auburndale Realty has been engaged to represent Miele as its corporate tenant representative for a Boston area innovation center.

March, 2021, Auburndale Realty has been engaged to represent Miele as its corporate tenant representative for a Boston area innovation center. Miele is a privately-held, German-based firm that specializes in luxury high home appliances. Miele has over 20,000 employees in over 50 countries including North America and Europe
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News from Auburndale Realty

Completion of advice on the sale of Dawson Industrial Park

March 12, 2021, Marlboro, MA, Rob Nahigian, FRICS, SIOR, CRE, MCR of Auburndale Realty Co., Newton, Mass. is pleased to announce the completion of a counseling assignment on the sale of Dawson Industrial Park at 50 Brigham Street, Marlboro, MA on March 12, 2021. The sale was completed from A.P. Dawson Realty Trust, LLC as...
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News from Auburndale Realty

One year land lease

March, 2021, Columbus, Ohio, Rob Nahigian,FRICS,SIOR,CRE,MCR of Auburndale Realty Co. has been engaged as a real estate counselor to a DeepEdge to advise on the acquisition of an office tower in Columbus, Ohio and a 99 year ground lease. This is a potential new acquisition for this client that has been purchasing properties on the...
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News from Auburndale Realty

Negotiating the purchase of an industrial lease

February, 2021, Auburndale Realty Co.and Rob Nahigian were engaged by HMI of Louisville, KY to negotiate a buy-out of its existing industrial lease in Cummings Park, Woburn, MA. An agreement was reached during January, 2021
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News from Auburndale Realty

Providing advisory services

December, 2020, Auburndale Realty Co. and Rob Nahigian was engaged by a telecom real estate investment company to provide counseling services in its national search to acquire commercial real estate. Rob has commenced with the first assignment in the Charlotte on a multi-story office complex providing due diligence services.
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News from Auburndale Realty

Rob Nahigian/Auburndale Realty Co. was engaged by BPDA to serve as its consultant and “special municipal employee” on a Boston commercial case

November-December, 2020, Rob Nahigian/Auburndale Realty Co. was engaged by BPDA to serve as its consultant and “special municipal employee” on a Boston commercial case. The assignment involved a financial corporate evaluation and assessment of BSR at 24 Drydock that was being acquired by Cronin Development to further the site into over 1,000,000 sf of lab...
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News from Auburndale Realty

99-year lease negotiations for a multi-family complex unit at Charlestown Navy Yard.

Fall, 2020, BPDA engaged Auburndale Realty Co. to conduct a financial audit and offer recommendations for a 99 year lease negotiations for an unit multi-family complex in the Charlestown Navy Yard.
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News from Auburndale Realty

Acquisition of new offices and lease negotiations.

November, 2020, Auburndale Realty Co. was engaged as an advisor by Anchor Insurance Group in Newton, MA to assist in its quest for new offices and lease negotiations. Project was completed in December, 2020
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News from Auburndale Realty

Entrepreneurship small real estate company development, challenges and successes

September-December, 2020, Rob Nahigian was asked to instruct and serve as a guest speaker at a number of events. During September, Rob served as a speaker for the Rhode Association of Realtors on commercial leasing and lease clauses. He delivered 4 classes for RI and MA CE real estate credit. On Sept. 21-22, Rob taught...
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News from Auburndale Realty

Negotiations with a Philadelphia developer

Boston, Fall, 2019-20, BPDA engaged Auburndale Realty Co. to advise them on the negotiations with a Philadelphia developer on the lease and investment analysis of a former ship rope manufacturing building in Charlestown, MA. The 108,000 sf building from the 1830s was to be converted into residential and commercial space in a multi-million dollar development...
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News from Auburndale Realty

Disputes between tenants, landlord and brokerage

July, 2020, Rob completed an expert testimony/litigation assignment that settled during the month of July on a MA commercial real estate commission dispute on an industrial building complex in suburban Boston. Rob worked with Casner & Edwards on this case for the last two years. He has served on approximately 20 court cases on similar...
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News from Auburndale Realty

The process of selecting a site for the company with the President and CEO.

July, 2020, Auburndale Realty Co. was engaged as an exclusive corporate representative for Woon-Tech Corporation, a HMI Cardinal company, in Whitinsville, MA. This glass assembly and pre-fabrication company is expanding from 35,000 sf to approximately 100,000 sf. Rob is leading the site selection process for the company working with the President and CEO. He is...
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News from Auburndale Realty

National economic trends in commercial real estate

July and August, 2020, Rob was an invited speaker in July and August for a number of real estate associations. July 14, 16 and 21, 2020, Rob taught Commercial Lease Clauses for MA NAIOP on Zoom. The course earns credits for the MA NAIOP Real Estate Certificate. On July 29, Rob delivered a commercial real...
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News from Auburndale Realty

The impact of CV19 on commercial capital markets

May 22, 2020 and June 2-3, 2020, Rob was an invited speaker for the RI Association of Realtors on the impact of CV19 and the capital commercial markets. The format was a panel discussion on Zoom. He then taught the SIOR Designation Elective Course on June 2-3 on Zoom on Negotiation Skills.
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