News: Front Section
Posted: January 12, 2012
Brewer of Greater Boston Commercial Properties arranges 13,058 s/f lease
August Brewer, of Greater Boston Commercial Properties (GBCP), recently completed an industrial lease of 13,058 s/f at 150 Cordaville Rd. GBCP was initially engaged by the current tenant, MetroWest Gymnastics, to sublease the space for which there was just under three years left on the term. In less than 60 days GBCP secured a 5- year deal for the owner of the building, 150 Cordaville Road LLC, with the new tenant, Inside Playground LLC.
This new deal resulted in the release of MetroWest Gymnastics from its existing lease on the building. Inside Playground took occupancy on January 1st, and look to open its doors soon after that. This is an expansion for the tenant who is opening its second location, the first of which is located in Watertown. Both facilities will use the same business model of providing an indoor recreational space for children.
Tags:
Front Section
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,
.png)
Columns and Thought Leadership
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.
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.
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: