News: Front Section
Posted: August 4, 2009
Aho of O'Brien Commercial Properties represents Vestas Tech. in 9,040 s/f lease
Joel Aho of O'Brien Commercial Properties recently represented Vestas Technology R&D Americas, Inc. in leasing 9,040 s/f of office/manufacturing space at 399 River Rd.
Vestas Americas, which is part of one of the largest wind turbine manufacturing companies in the world, is headquartered in Portland Oregon. This new location will act as a research and development hub for the company. Massachusetts governor Deval Patrick paid a visit to Vestas' Portland offices earlier this year, as the state is mandated to receive 20% of its electricity from renewable sources by 2020.
Bob McGuire and Alison Powers of CB Richard Ellis/New England represented the landlord in the transaction.
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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
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:
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.
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.
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.
