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CBA ADVISORY ASSIGNMENT of The Year 2005 Counseling and  Evaluation for a new 225,000 sf facility and location, Abby Kelley Foster Charter Public School, Worcester, Mass.

SIOR NATIONAL REAL ESTATE INSTRUCTOR of The Year: 2004     Also Awarded the National Instructor of the Year in 2003, 2002 and 1994

NAMED THE 2006 CHAIR OF THE MASS. ASSOCIATION REALTOR'S STATE COMMERCIAL BROKERAGE DIVISION    NAMED THE 2008-09 NEW ENGLAND/UPSTATE NY CRE CHAPTER PRESIDENT

•  April, 2010, National Association of Realtors has invited Rob to conduct a webinar on "Liquidity and the 2010 Commercial Real Estate Market." The webinar was prerecorded during March, 2010 and will air during the entire month to anticipated 83,000 commercial real estate practitioners.
   

•  Rob Nahigian completed a lease with LivHome, a home care national company for 2,500 sf of office space in Wellesley, Massachusetts.
   

•  During February, 2010, The Ohio Association of Realtors and the Realtors Association of Acadiana have been awarded grants from NAR to engage Rob Nahigian as its speaker during 2010 as part of the NAR Signature Series Program. Rob, an NAR Signature Speaker, will speak for RAA in Lafayette, LA on May 11, 2010 on "Servicing the Needs of the Commercial Tenant" and on June 16, 2010 will speak in Columbus, Ohio on "Working Opportunities for Investors in a Down Market." Additionally Rob will be speaking in Philadelphia, PA for the SIOR Designatiion Courses, "Synergistic Sales" and "The Art of Negotiating" on June 9, 2010.
   

• September, 2009, Rob Nahigian consummated two office leases in Waltham and Charlestown, Massachusetts. The first lease completed was an office lease transaction representing OMICRON electronics USA, an Austrian based company. OMICRON leased approximately 5,600 square feet of office space at 230 CityPoint in Waltham, Massachusetts. The landlord is BP Prospect Place LLC of Boston, Mass. Rob was engaged as its exclusive broker on this assignment from May until the lease consummation during September. OMICRON leased its first Boston area location and holds its U.S. headquarters in Houston, Texas. Approximately 15 employees will be working in the Waltham office. OMICRON electronics is an international company providing innovative solutions for primary and secondary testing. Combining innovation, leading edge technology, and creative software solutions, OMICRON's sales have world leader status for this niche market today.

• Rob Nahigian also completed a second lease transaction during September, 2009 representing Health Management Systems in its expansion and renewal of approximately 20,881 square feet of office space at the Hood Business Park, 510 Rutherford Ave, Charlestown, Mass. Cushman &Wakefield represented the landlord, Hood Business Park LLC.  Health Management Systems (HMS) is the strategic source for innovative revenue recovery and cost containment solutions that benefit public healthcare.
   

• Rob Nahigian, FRICS, SIOR, CRE of Auburndale Realty Co., Newton, Mass. recently spoke as an invited educational speaker at the Massachusetts Association of Realtor’s State Convention on Monday, October 19^th   and at the National Fall Convention of the Society of Industrial and Office Realtors in Toronto on Oct. 28 and 30, 2009. At the MAR State Convention, over 150 attended his entitled “Commercial Real Estate Basics” and “Commercial Leases and Leasing Basics”. The State Convention attracted over 450 commercial and residential real estate brokers for this 2-day convention held at the DCU Center in Worcester, Massachusetts.  
   

• On Wednesday, Oct. 28 and Oct. 30, 2009, Rob was invited to speak at the National Convention of the Society of Industrial and Office Realtors in Toronto. SIOR is an affiliate of the National Association of Realtors and is a professional designation that is earned by the premier office and industrial real estate brokers in the U.S. and internationally. There are approximately 3,200 members of SIOR and approximately 500 attendees were present at the Fairmount Royal Royal York Hotel in Toronto. On Oct. 28, Rob offered an educational session on  “Build-to-Suit Development.” This program provides an executive level of material at a fast-moving pace with intensive algebra and math. This program included: concepts of wealth building, asset allocation, types of developers, pro formas, soft and hard costs, and financial analysis. On October 30^th, Rob spoke during the convention on  “Liquidity and the 2010 Commercial Real Estate Market: Connecting the Dots with Today's Global Capital Flow.”
   

• On May 28, 2009 Rob Nahigian was sworn in as a member of the Mass Highway Real Estate Appraisal Review Board for a 3 year term. The appointment was made by Gov. Patrick and he stated in a letter to Rob that he appreciated Rob's willingness to serve the Commonwealth and that Rob's experience and sound judgment would contribute substantially to the Board. The Board recommends final valuation on all eminent domain cases over $300,000 taken by Mass Highway throughout the Commonwealth.
   

•  Rob Nahigian was invited and will speak on a panel at the June 16, 2009, CoreNet Regional Symposium at Harvard University. The program is entitled; "The upside of the Downturn: How to take advantages of Tough Times in a Commercial Lease". Rob will speak on the issues that landlords face with specific clauses in a commercial real estate lease in a weak economy. He is also an adjunct professor at Boston University on the Commercial Lease Document.
   

•  Auburndale Realty completed a separate industrial and office lease in Ayer and Braintree, Mass. Scopro Rigging and AIC leased 7,200 sf of industrial space at 95 Fitchburg Road, Ayer, Mass. Additionally Super Clean leased 33,600 sf of warehouse space at 95 Fitchburg Road, Ayer, Mass. Hooper Holmes leased 1,717 sf of office space at 222 Forbes Road, Braintree, Mass.
  
   

• The Counselors of Real Estate held its National Conference in NYC at The Waldorf-Astoria from March 29-31, 2009. On Monday, March 30^th, Brian Cocoran, Selection Committee Member announced at the “Welcome Members Luncheon” with over 200 attendees that the recipient of its 2009 James Felt Creative Counseling Award for the most outstanding achievement and ingenuity counseling project for the CREs nationally. This year’s recipient was awarded to Rob Nahigian, CRE of Auburndale Realty Co., Newton, Massachusetts.
  
  Rob’s project of the year was a 3 year advisory assignment with the Abby Kelly Foster Charter School and its real estate acquisition. The acquisition consisted of $37 million, 301,259 gross square foot complex situated on 15 acres known as 6 and 10 New Bond Street, Worcester, Massachusetts. Rob was engaged for this project during September, 2005 and it was completed June 19, 2008. It is one of the largest real estate charter school acquisitions in U.S. history.
   

• Auburndale Realty Co. completed a corporate rep assignment with Ciena Corporation of Linthicum, Maryland. Ciena is listed on NASDAQ and is a global leader in communication network infrastructure, associated software and professional services. Rob Nahigian acted as its exclusive corporate broker for its Acton, Massachusetts office/R&D facility. Rob consummated a lease agreement with Ciena for 45,855 square feet at 35 Nagog Park, Acton, Massachusetts. The lease was executed during September, 2008 with the landlord, KBS Realty Advisors.
   

• On June 19, 2008, Rob Nahigian, FRICS, SIOR, CRE of Auburndale Realty Co., Newton, Mass. completed a three year real estate counseling/advisory assignment for Abby Kelley Foster Charter School in Worcester, Massachusetts. The assignment culminated in the largest real estate acquisition by a charter school in eastern U.S. and the largest bond issuance for a charter school in the U.S of approximately 301,259 gross square feet of buildings on 15-acres of land. The $35 million tax-exempt bond issuance closed on June 19, 2008 with the acquisition of 6 New Bond Street for $7.0 million and a future acquisition of 10 New Bond Street, Worcester, Mass. will serve over 1400 students.
   

• January, 2008, Rob Nahigian was voted by its share holders as a Board of Advisor for the New 
   England Realty Associates, a AMEX publicly listed real estate investment company located in 
   Brighton, Mass. NERA focuses on the acquisition of multi-family and retail properties in New
   England. 
   

•  During the Spring to the Fall, 2006, Rob Nahigian advised and/or brokered on approximately 1,517,555 square feet of commercial real estate projects. Rob provided advisory services to a developer in MetroWest (Mass.) on the possible development of 170,000 square feet of office and industrial real estate. He provided advisory services to an owner of a hi-end 10,200 square foot retail building in Wellesley Center, Mass. for an asking price of $6.9 million. He then completed advisory services to a Newton (Mass.) landlord on the office/retail lease renewal of 3,902 square feet to a US government agency. He represented an S&P 500 tenant in the office lease of 38,147 square feet in Billerica, Mass. He represented Sleep Health Centers LLC, the biggest New England sleep health center, in the medical/office lease of 5,306 square feet at 125 Newbury St, Framingham, Mass. He then completed a long-term lease with Sleep Health Centers for 10,000 square feet at 1505 Commonwealth Ave., Boston, Mass. Rob also completed expert testimony and advisory services on a 530,000 square foot industrial complex in Boston. He provided advisory/brokerage services to AKFCS for a possible 250,000 square foot school in the Worcester Mass. area. He also provided marketing advisory services to Geronimo Properties of Leominster, Mass. on its retail portfolio of approximately 500,000 square feet.
   

See the press release for more details.

Press Releases

This is a sample of the press releases we've issued over the past six months. You may want to search for topics by keyword.

• May 1, 2004     -- Press Release 5
• March, 2004       -- Press Release 4
• May, 2004   -- Press Release 3
• Spring, 2004 -- Press Release 2
• Dec. 16, 2002       -- Press Release 1
• May 15, 2001-- Press Release 6

Recent Media Coverage of Auburndale Realty Co.

• Nahigian of Auburndale Realty leases 827,000 s/f at Campanelli Business Pk., NEREJ, Dec. 7-13, 2001, pg. 1
• Auburndale Realty completes 4,500 sf office lease with New Tech Solutions, Burlington, NEREJ, Sept. 19, 2002, p. 26A
• Nahigian elected to Lamda Alpha , NEREJ, Dec. 12-18, 2003, p. 37B
• Nahigian of Auburndale Awarded Mass. "2003 Advisory Assignment of the Year", Boston Business Journal, April 2, 2004. 
• Nahigian of Auburndale speaks at Fiabci International Real Estate Conference, Houston, TX, NEREJ,  April 23-29, 2004, p. 10A and Banker&Tradesman, April 26, 2004 p. 8 
• Nahigian named as the SIOR National Instructor of the Year, NEREJ, June 11, 2004

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Last modified: April 01, 2009