News: Front Section

BPG Props selects CBRE as leasing agent for Westborough Office Park

CB Richard Ellis has been selected by BPG Properties, Ltd. as the exclusive leasing agent for its four properties in Westborough Office Park, a master-planned office park situated on 153 acres. The properties, located at 1700 - 2000 West Park Dr., feature over 374,000 s/f of first-class office space in addition to an attractive wooded campus and first-class tenant amenities. BPG Properties, Ltd., which owns and manages the park, recently completed a capital campaign totaling almost $5 million in renovations and upgrades to the properties. The CBRE team of Chris Tosti, Executive Vice President/Partner, Rob Walles, Senior Vice President/Partner, Bob McGuire, Senior Vice President/Partner, and Alison Powers, Associate, will market the property on behalf of BPG Properties, Ltd. "Westborough Office Park features some of the best office space in the market and we're excited to begin work on this assignment," said Walles. "From top tenant amenities to an exceptional location just north of the Mass Pike, Westborough Office Park is an excellent place to call home." Westborough Office Park is located at the interchange of Interstate 495 and Route 9 just minutes from the Massachusetts Turnpike (Interstate 90). The property is situated in a campus setting on over 150 wooded acres with numerous walking and jogging trails. The property also features on-site cafes and catering services and a new tenant-only fitness center with shower and locker room facilities. Office space features high-quality finishes, flexible floor plates and customizable layouts. Westborough Office Park is located 30 miles west of Boston, 15 miles west of Route 128 and one mile north of the Interstate 90/Interstate 495 interchange. Area amenities include numerous shopping centers, restaurants and the nearby Wyndham Doubletree Hotel and conference facility.
MORE FROM 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,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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:
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.

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.
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.