Blackey and Johnston of R.W. Holmes Realty Co., Inc. broker 20,000 s/f lease
R.W. Holmes Realty Co., Inc. completed the leasing of 20,000 s/f of first class office space at 73 Mount Wayte Ave. to the Town of Framingham. The Town of Framingham plans to utilize the space for administrative offices for its public school department and will join Tutor Perini Corp. who currently owns and occupies the 103,00 s/f complex as their north east headquarters.
Dean Blackey and Craig Johnston of R.W. Holmes Realty were the sole brokers in the transaction.
Tutor Perini is one of the largest general contractors in the United States and a leading civil and building construction company offering diversified general contracting and design-build services to private clients and public agencies throughout the world.
Since 1976 R.W. Holmes Realty has assisted corporations and investor/developers with their local, national, and international real estate needs. R.W. Holmes specializes in property leasing, investment sales, tenant representation, consulting and asset management.
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.
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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: