 (2).jpg)
News: Front Section
Posted: September 18, 2015
Boston Realty Advisors completes $2.39 million sale of 150 State Street - sold by Natrac Equities to Premier Property Solutions
150 State Street - Boston, MABoston, MA Boston Realty Advisors (BRA) has sold a 4,576 s/f mixed-use property located at 150 State St. in the city’s Financial District for $2.39 million to Premier Property Solutions, LLC on behalf of their client Natrac Equities Corp.
150 State St.’s iconic downtown location is surrounded by many of the city’s most prestigious office locations, steps from the Rose Kennedy Greenway, Faneuil Hall and in close proximity to the Seaport Innovative District. With incomparable access to some of the best restaurants, shopping and outdoor entertainment venues in the city, the property is positioned in an unmatched location. Originally built in the 19th century, the property stands out from the streetscape thanks to its pitched roof and English Tudor style exterior, boasting five floors of retail and office space.
The sale of 150 State St. was a joint effort from BRA’s office, retail and multi-housing investment sales teams.
BRA is a privately held commercial brokerage firm based in Boston. BRA specializes in the sale and leasing of investment and commercial properties throughout New England.
Tags:
Front Section
MORE FROM Front Section
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
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:
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.
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.
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.
