On September 27, 2018 R&R Realty engaged Rob to speak at its annual corporate education day in W. Des Moines, Iowa. Rob delivered “From Shanghai to Your Shelf: Logistics and Supply Chain in the 21st Century”. The program was delivered to its premier brokers by R&R at its corporate headquarters. Rob discussed the 5 intermodals, the changes with the Suez and Panama Canals, the advantages and disadvantages of east coast ports, rail, air and trucking systems, 3PLs and logistic hubs. Most importantly he shared the mathematical regression models that internal real estate departments engage to develop an industrial real estate decision on site and facility options in the marketplace.
Completed assignment of advising on KinderCare lease renewal
September, 2018 Rob Nahigian, FRICS, SIOR, CRE, MCR of Auburndale Realty Co., Newton, Mass. is pleased to announce the completion of a counseling assignment on the lease renewal of KinderCare and WF Lacey &Sons, Co. f Salisbury, MA. Rob represented WF Lacey as the landlord’s real estate advisor in the negotiations of this long-term lease renewal that now has a control period for the next three decades. The building was developed for KinderCare as a build-to-suit in 1999 as a one-tenant child care facility. The property has over 12,700 square situated on 4.4 acres. The building is located at 262 Concord Road, Billerica, MA in the Concord Corporate Park and abuts Rt. 3. KinderCare has over 1400 locations nationwide with over 32,000 teachers and serving over 170,000 children. KinderCare is headquartered in Portland, Oregon. WF Lacey & Sons is headquartered in Salisbury, MA.
Talking about the basics of investment and advanced industrial real estate to obtain a Master of Continuing Education
On September 21, 2018 the Berkshire Board of Realtors asked Rob to speak at on Investment Basics and Advanced Industrial Real Estate for MA continuing education to its members. The event was held at the Board offices in Pittsfield, MA and drew over 100 people for the day.
Rob Nahigian is involved in solving many real estate and rental problems
September, 2018, Rob Nahigian has served in three different litigation support court cases. One case was located in Watertown, MA involving a dispute between partners on compensation for services on a former car dealership. Rob served as an expert at arbitration on fee for services. Another case involved an eminent domain valuation case with the City of Peabody with a commercial property. Rob’s testimony opinion letter was the main driver that led to a settlement between the two parties. Rob is also involved another dispute between an office landlord and non-profit tenant on a lease dispute in Boston.
NAR Code of Ethics Review, Comparative Market Analysis and Investment Fundamentals
On September 18, 2018 the S. Shore Association of Realtors invited Rob to review the NAR Code of Ethics, Comparative Market Analysis and Investment Basics to its members seeking MA continuing education for licenses. The program was held in Pembroke and the Board’s location and attracted over 150 real estate practitioners.
Introducing the SIOR National Classification Program “The Art of Commercial Real Estate Negotiation”
On September 14th, Rob delivered the SIOR national designation program “Art of Negotiating Commercial Real Estate” in Dallas at the Sheraton Dallas. The course revealed new models in negotiating skills that have elevated the success of professional negotiators. As an SIOR national faculty member since 1986, Rob incorporated his professional experience as a “for hire” negotiator that dissected two negotiating traits that can tip the playing field.
Commercial rent analysis
Rob then was invited to deliver “Build-to-Suit Development” and “Commercial Lease Analysis: When to Hold and When to Fold” on September 7, 2018 for the New Orleans Metropolitan Association of Realtors (NOMAR) Commercial division.
Online course in commercial lease clauses and investment issues from the perspective of the owner, lessee and lender as well as the leasing process and financing/investment implications
Rob taught his Boston University on-line class starting on September 4, 2018 through October, 2018. There were 22 attendees internationally on the topic of Commercial Real Estate Leases and Transactions. The online course is an eight week program that includes brokers, developers and lenders from India to California. The course dives into commercial lease clauses and investment issues from the perspective of the landlord, tenant and lender as well as the leasing process and financing/investment implications
Webinar on commercial transactions and leases across Ohio
The Ohio Association of Realtors engaged Rob to deliver a webinar on Commercial Transactions and Leases. The webinar attracted practitioners throughout Ohio and was conducted on August 28 and 30.
Accomplishing a consulting mission that led to the expansion and leasing of real estate
Auburndale Realty Co., Newton, Mass. is pleased to announce July 26, 2018 that it has recently completed a counseling assignment that resulted in the expansion and leasing of 5 Forge Parkway, Franklin, Mass. Rob Nahigian, FRICS,SIOR,CRE,MCR was the real estate counselor representing the ownership, JD Family Trust on the additional leasing of its industrial facility to New England Treatment Access, Inc (NETA). NETA is a Massachusetts non-profit corporation with its roots in Colorado. The tenant had originally signed a long-term lease in 2013-14 years ago for approximately 61,000 sf of warehouse, 10,000 sf of mezzanine space and 1,176 sf of garage space. The total square footage was 71,326 sf for medicinal marijuana grow facility. Nahigian served as the real estate counselor on the first phase of the assignment for JD Family Trust for the 71,326 sf. The warehouse facility was formally occupied by Ferguson Plumbing for a number of years. NETA approached JD Family Trust to lease the entire facility as its medicinal facility back in 2013. NETA was one of the first entities to receive a license from the State to grow medicinal marijuana. NETA has had immense success in Colorado and brought that experience to Massachusetts.