News: Front Section

Canpro Investments Ltd. signs two new leases totaling 6,699 s/f at Lakeville Corporate Park

According to Ofer Drucker, senior vice president of Canpro Investments Ltd., CWC Software, Inc. has leased space at 10 Riverside Dr. and Beth Israel Deaconess HealthCare has leased spaces at 30 Riverside Dr. in the Canpro Lakeville Corporate Park. Additionally, the Massachusetts Department of Environmental Protection has renewed their lease for the premier office space it currently occupies at 20 Riverside Dr. for another five years. The Canpro Lakeville Corporate Park has recently experienced some leasing activities. Two new tenants, CWC Software and Beth Israel are leasing space in the business park. CWC Software will occupy 1,911 s/f of space at 10 Riverside Dr. They expect to occupy the space as of November 1. Beth Israel is leasing 4,788 s/f of medical space at 30 Riverside Dr. with occupancy planned for November. The business park will also see the renewal of the Mass. DEP's lease of the 25,272 s/f of space it currently occupies at 20 Riverside Dr. John Christoforo, president and CEO said, "Beth Israel Deaconess HealthCare is excited about opening its newest primary care practice within this new development. We are optimistic about creating a well-established panel of patients for our doctors in the Lakeville region." Canpro has been in the commercial real estate business for over 50 years. It currently owns, controls and manages over 5 million s/f of commercial property. The properties are primarily shopping centers and office towers.
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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,
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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.
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