Angel Commercial completes three deals totaling $950,000 and 22,300 s/f
After only two years at their 7,000 s/f facility at 10 Norden Park, Circle One Marketing has expanded by an additional 3,300 s/f of class A office space. Circle One is an advertising company with over 40 employees. Brett Sherman of Angel Commercial, LLC represented Circle One in the original lease and the expansion negotiations.
DLTC Landscape Contractors has purchased 214 Central Ave., Bridegport from Videira's Paving Corporation for $950,000. Relocating from Norwalk, John Sweeney, founder and owner of DLTC since 1983, purchased the 8,600 s/f light industrial building on 1.07 acres based on the company's expansion needs. Jon Angel of Angel Commercial represented both parties in this transaction.
Color Film Media Group, LLC, a company providing printed media for industries, has leased 10,400 s/f of space at 540 Barnum Ave., Bridgeport, from Campus Office Park Associates. The new space will be utilized for manufacturing, warehouse and associated office use. Sherman of Angel Commercial represented the tenant.
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,
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.
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.