News: Front Section

Aho of O'Brien Commercial Properties, Inc. handles 7,500 s/f office/flex lease

Joel Aho of O'Brien Commercial Properties, Inc. represented the ownership in leasing 7,500 s/f of office, flex and warehouse space to Alternative Care Providers, Inc. at 275 Billerica Rd. The tenant first started in 1994 and supplies patients, caregivers and healthcare facilities in Massachusetts and Southern New Hampshire with home with premier medical equipment, scooters and powered wheelchairs. Aho sold the building to the current owner in 2009, and with the most recent lease there is currently only one office suite still available in the building. The owner is constructing a new entrance for Alternative Care, and the remaining office suite will be updated with new paint, carpet, ceiling tiles and a new kitchen in addition to the recently completed lobby upgrade. The property is located a short distance from Rte. 3 and the junction of 495 and also offers retail type visibility on route 129. In addition, Aho represented the ownership at 136 Main St. in Hudson Mass. in renting office, storage and yard space to Custom Concepts, a local construction company. The site was formerly home to Larkin Lumber.
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Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

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Columns and Thought Leadership
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.

Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore

While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
Four tips for a smooth 1031 Exchange - by Bill Lopriore

Four tips for a smooth 1031 Exchange - by Bill Lopriore

Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
Make PR pop by highlighting unique angles - by Stanley Hurwitz

Make PR pop by highlighting unique angles - by Stanley Hurwitz

Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.