News: Front Section

Bekarian, Sparkes, Thompson and Spring of Jones Lang LaSalle arrange 45,000 s/f lease

According to Nordblom Company, Dyax Corp. will be opening their new corporate headquarters at Network Drive at Northwest Park in January 2012. They have leased 45,000 s/f on the third floor of 55 Network Dr. for ten years. Senior vice president Peter Bekarian and assistant vice president Bryan Sparkes of Jones Lang LaSalle (JLL) represented Dyax while JLL managing director Tamie Thompson and vice president Tyler Spring represented Nordblom Co. in the transaction. Ogden Hunnewell and Adele Olivier managed the deal from the ownership. Dyax will move from 300 Technology Sq. in Cambridge to create this new corporate headquarters. "We are excited to have Burlington's first biopharmaceutical company choose Network Drive at Northwest Park as their new corporate headquarters. Burlington offers companies like Dyax a more value-driven option. Dyax also recognized the importance of the many campus and town amenities, as well as the flexibility that the buildings allow to combine office and laboratory use." said Hunnewell, executive vice president and partner of Nordblom Co.
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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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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.
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.
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.