News: Front Section
Posted: February 1, 2019
Brady Sullivan’s Panasis, Kelley and Tobin facilitate 56,029 s/f in leases
Manchester, NH Charles Panasis, Benjamin Kelley and James Tobin of Brady Sullivan Properties have leased 56,029 s/f in leases in the city. Wells Fargo expanded their downtown presence in the lobby of City Hall Plaza and Alumni Ventures Group secured 4,414 s/f on the 8th floor. Bar Harbor Bank, GoffWilson, and The Hop Knot, which is a new restaurant set to open this spring, all joined The Brady Sullivan Plaza.
Brady Sullivan Properties also accommodated a 29,430 s/f expansion of the Department of Veteran’s Affairs operations at the Brady Sullivan Tower, 1750 Elm St.
In Bedford, Callogix expanded into a supplemental 11,367 s/f at 2 Commerce Dr. Brady Sullivan continues to demonstrate an unmatched ability to accommodate growing businesses whether they are currently in the portfolio or elsewhere. In this case, Callogix is an existing tenant with Brady Sullivan at 8 Commerce Dr., which is fully leased. Brady Sullivan was able to offer space across the office park at 2 Commerce Dr. and meet the needs of a growing local business.
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Columns and Thought Leadership
Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore
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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.
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.
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.