News: Front Section

Angel of Angel Commercial arranges 30,400 s/f lease at One Post Road

According to Jon Angel, president of Angel Commercial L.L.C., the firm has leased the remaining space at One Post Rd., bringing the three story, 30,400 s/f class A office building to full occupancy. Penfield Partners, an executive search firm, will occupy 1,500 s/f and will be joining other tenants including: The Adult Day and Outpatient Therapy Services Unit of the Jewish Home for the Elderly, Paramount Transportation Systems Inc., Mortgage Masters, Old Republic National Title Insurance and the law firm of Quatrella & Rizio, LLC. "When Survey Sampling moved from this building to Shelton, it left One Post Road only 10% occupied. In a relatively short period of time we were able to have this building reach its full occupancy again, safeguarding the landlords investment," said Angel, who represented the landlord, One Post Road LLC, the tenant in this transaction was represented by Les Fradkoff of Prudential Reality. In addition Patrick Bourque, sales associate at Angel Commercial, completed four transactions: * Klein Co. Plumbing and Heating leased the remaining 2,040 s/f at 816 Honeyspot, Stratford, making this industrial property 100% occupied. Bourque represented the landlord. * The Grumpy Hog L.L.C., a mobile BBQ catering business, leased 2,568 s/f of industrial space at 118 Albion St., Bridgeport. Bourque represented the tenant. * Relocating from Bridgeport, Steel Windows and Doors U.S.A purchased 690 Surf Ave., Stratford for $150,000 in a short sale. Bourque represented both the seller and buyer. * Fairfield Board Company L.L.C. leased 1,300 s/f of office and retail space at 1700 Post Rd., Heritage Sq., Fairfield. Bourque represented the tenant.
MORE FROM Front Section

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,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
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.

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.