News: Front Section

Aho of O'Brien Commercial Properties, Inc. represents Vestas in purchase and lease

After an extensive property search, a 113 year old renewable energy giant from Denmark finds a new home. Vestas has been working with wind turbines since the 1st oil crisis in 1970 and has a small R&D facility in Hudson. This week they secured an 8.8 acre industrial site on the Rte. 290 Connector for $1.825 million and leased an adjacent full floor (13,707 s/f) of office space in the new spec building at 100 Crowley Dr., both from industrial real estate developer First Colony Realty Corp. Vestas will be breaking ground shortly on Phase 1 of its U.S. manufacturing headquarters. Jon Deli of First Colony was represented in-house by Stan Gordon in addition to Colliers International. Vestas was represented by Joel Aho of O'Brien Commercial Properties, Inc.
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Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
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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.

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.
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:
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.