CB Richard Ellis hired as leasing agent for 280,000 s/f office park
CB Richard Ellis has been hired as leasing agent for New England Business Center, a 280,000 s/f class A office park.
CB Richard Ellis will be responsible for the leasing of 10, 20 and 35 New England Business Center on behalf of New Boston Fund.
The CB Richard Ellis leasing team consists of Kerry Olson, Jason Levendusky and Andy Majewski.
New England Business Center is on 42-acres along the Merrimack River on I-93, just one mile north of the I-495 interchange.
10 New England Business Center was built in 1989 and consists of three floors totaling 88,024 square feet with approximately 18,000 square feet available to lease. 20 New England Business Center, also built in 1989, sits on a 40-acre lot and totals 63,366 square feet. 35 New England Business Center was built in 1998 and includes two floors totaling 85,563 square feet; the property has 46,165 square feet available to lease. Plans for the park include a new cafeteria with enhanced services, lobby and common area renovations, and the addition of a fitness center complete with shower and locker facilities at Building 35. Renovations are projected to be completed in September 2008.
New England Business Center tenants include Physical Sciences Inc., Woodard & Curran, JVT Advisors, and InteliStaf Travel, a Medical Staffing Network Company.
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.
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.
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: