Amper of Capstone Properties completes sale of 23,940 s/f property
Neil Amper, SIOR vice president of Capstone Properties has sold a 23,940 s/f building located at 450 Valley St. He was hired by the trustee of the estate of Panbro Realty. The buyers were R.P. Iannuccillo and Sons Construction Company. The property will be used for the continued expansion of the company. The asking price was $650,000.
Amper has also leased 5,600 s/f of warehouse space located at 31 Graystone St. in Warwick, to Mexica International Foods. Mexica grows avocados in Mexico, processes them into avocado oil in California and distributes the oil throughout the United States.
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,
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.
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:
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.
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.