News: Front Section

CB Richard Ellis' Levendusky and Reardon broker 18,000 s/f lease

CB Richard Ellis has arranged the lease of 18,000 s/f of office space at 20 Harvard Mills on behalf of the landlord, Taurus New England Investments. Carbone Commercial Real Estate, Inc. represented the tenant, ProspectivDirect. "We are pleased to announce that ProspectivDirect has entered into a lease to relocate its headquarters to Harvard Mills," said Peter Carbone of Taurus New England Investments. "The relocation allows ProspectivDirect to address its current and future expansion needs, and provides Taurus with another high-quality tenant at this signature location. We are very pleased that ProspectivDirect has decided on our building as its home for years to come." The CB Richard Ellis team of Jason Levendusky and Mark Reardon represented Taurus New England Investments in the deal, while Edward Carbone of Carbone Commercial Real Estate, Inc. represented ProspectivDirect. 20 Harvard Mills is a fully renovated classic mill complex offering 232,460 s/f of first class office space. The property features brick and beam finishes, oversized windows, dramatic ceiling heights and efficient floor plans in addition to ample parking, adjacent MBTA Commuter Rail service, a fitness facility and walking proximity to numerous restaurants, retail establishments and recreational amenities. It offers access to Rte. 129, and is less than 1.5 miles from Rte. 128/I-95.
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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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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.