Berger and Brown of Parsons Commercial Group, Inc. secure 17,500 s/f lease for Boston Solar Co.
Parsons Commercial Group, Inc. (PCG) completed the lease of 55 Sixth Rd.
Alex Berger, an associate and Arlon Brown,SIOR, senior vice president at Parsons Commercial Group represented the landlord, Locke Realty Trust, in the lease of the 17,500 s/f industrial/warehouse space to The Boston Solar Company.
The Boston Solar Company specializes in the design, installation and monitoring of solar array for both residential and commercial applications and is the #1 residential solar installer based in Massachusetts. They will be expanding their business from 5,500 s/f to their new location.
"The building owner is excited to have The Boston Solar Company as a new tenant and looks forward to working with them as their business continues to grow," Alex Berger stated.
According to Brown, SIOR, "The Boston Solar Company was attracted to the building because of the high quality construction and the flexibility that the building offers for both flex and industrial tenants."
The tenant, The Boston Solar Company, was represented by Courtney Green of Begley Company.
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,
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.
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.
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.
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: