Belsito of O'Brien Commercial Properties, Inc. completes 10,400 s/f lease and office building sale
Provia Labs, a health services company, relocated to 10,400 s/f at 11 Beaverbrook Rd. The company specializes in dental stem cell banking and also offers bio-banking advisory services. Provia will be utilizing the first class flex building and clean room laboratory space for research and development and also for its corporate operations. Joe Belsito of O'Brien Commercial Properties, Inc. represented the landlord in this transaction while Joel Aho of O'Brien Commercial Properties, Inc. represented the tenant.
Also, G and C Group, USA recently purchased the building at 525 Main St. in Acton. They will occupy a portion of the building for their business activities, along with existing tenants, Dr. Howard Zubick of Hearing Resources, and the Russian School of Mathematics. The sale of this building was brokered by Belsito of O'Brien Commercial. The Stubblebine Company and Wei Wang of Coldwell Banker procured the buyer.
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:
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.
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.