Cafasso and Gagnon of Colliers International reps buyer and seller in $1.5 million sale
Leonard Udolf, of Udolf Properties recently purchased the 14,822 s/f commercial and office building located at 8 Ellsworth Rd. in West Hartford Center. The sale price was $1.5 million.
Udolf is planning cosmetic upgrades to the building. Immediate improvements will be made to the lobby, elevator, building façade, and common areas.
John Cafasso, CCIM and Philip Gagnon, SIOR of Colliers International represented both the seller and the buyer in the transaction.
Udolf owns residential and commercial properties throughout the state.
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,
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.
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:
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.
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.