Brown of Parsons Commercial Group handles $3 million sale of 59,310 s/f building; Clancy and Kessler of CB Richard Ellis represent seller
Arlon Brown, SIOR, senior vice president of Parsons Commercial Group, represented the buyer in the purchase of 1050-1080 University Ave., by MS International, Inc. for $3.06 million.
This 59,310 s/f industrial one-story, class B building, was built in 1967 and sits on 6.65 acres. The property is in the Rte. 1 South submarket.
The seller was American Steel and Aluminum Corp. and was represented by Steven Clancy and Nathaniel Kessler of CB Richard Ellis-New England.
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,
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.
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:
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.
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.