News: Front Section

Cantalupa named chief development officer and senior vice president at Benchmark

Waltham, MA Benchmark has appointed Michael Cantalupa as chief development officer and senior vice president. He is well-known in the real estate industry for his more than 30-year career at Boston Properties where he developed 12 million s/f of complex, mixed-use space for the real estate investment trust in markets such as Boston, Cambridge and Waltham, Mass.; and San Francisco.

“Mike’s expertise will be invaluable as we develop new communities where the current and upcoming ‘first-generation’ of baby boomers can look forward to aging well,” said Tom Grape, Benchmark’s founder, chairman and CEO. “He understands and appreciates the complexities of our industry, and his real estate development knowledge will contribute significantly to our industry leadership position.”

As senior vice president of development for Boston Properties, Cantalupa was responsible for overseeing new development projects that contributed significantly to the growth of the Boston area. He has been a frequent speaker at numerous industry conferences and seminars, including Urban Land Institute, NAIOP, Build Boston and Massachusetts Building Congress.

“What Tom and his team have created in just over 20 years is remarkable, and I look forward to contributing significantly to Benchmark’s next phase of growth,” says Cantalupa.

Cantalupa received a Bachelor of Science in civil engineering from Tufts University and an MBA from Harvard Business School. He served as a board member for the Kendall Square Association, is a past chairman for A Better City, and served as vice chairman and board member of his alma mater, Malden Catholic High School. He lives in Winchester, Mass.

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,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Make PR pop by highlighting unique angles - by Stanley Hurwitz

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

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

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:
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.