News: Front Section
Posted: December 18, 2020
Atlantic Commercial Real Estate brokers $485,000 ind’l. condo. sale
Foxborough, MA Atlantic Commercial Real Estate, LLC has brokered the $485,000 sale of 14 Perry Dr., Unit B, one of four industrial condominiums located in the Ganawatte Place Business Condominiums Industrial Facility. The facility features parking, drive in bays, loading dock, high stud height, finished office spaces and mezzanine storage.
The Atlantic Commercial brokerage team of James and Mark Kearins represented the seller, Battic Door Energy Conservation and procured the buyer, Green Tec Auto.
“With record low interest rates, scarce supply and rising industrial rental rates, our qualified buyers remain eager to purchase their own properties during the ongoing pandemic” said Kearins.
Tags:
Front Section
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,
.png)
Columns and Thought Leadership
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
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
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
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.
