News: Front Section

Alvarado of Parsons Commercial Group brokers 12,202 s/f lease to Hopkinton Health Center

Marci Alvarado, vice president at Parsons Commercial Group, represented Hopkinton Health Center (HHC) in a new lease at 25 South St. for 12,202 s/f. HHC is a geriatric and adult day care center. They offer health supervision and nursing for elderly and other adults needing short term medical services, like physical therapy and rehabilitation services. HHC is planning to open sometime late January or February 2014. 25 South Street is a 54,000-square foot, office, flex and R&D building well located directly off I-495, one exit south of the Mass Pike. The landlord, 25-45 South LLC was represented by Victor Galvani of Parsons Commercial Group. Parsons is a leading provider of commercial real estate services. including, tenant and landlord representation, investment sales, property and asset management, development and construction management, advisory and distressed asset advisory services. In addition, they administer individual medical services based on primary care providers' orders. Each patient has a Plan of Care designed to promote both physical and mental health. Their geriatric program offers specific services including: acting as a liaison to families at a distance, offering counseling and support as well as entertainment and cultural events.
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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

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.
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.