News: Front Section

CBRE facilitates $23.73m building sale to The Davis Companies

Billerica, MA CBRE has arranged the sale of a 91,649 s/f industrial building located at 900 Middlesex Tpke. (Building 6). The facility was acquired by The Davis Companies for $23.73 million.

The CBRE team of Scott Dragos, Chris Skeffington, Doug Jacoby, Anthony Hayes, Roy Sandeman, Tim Mulhall, and Dan Hines spearheaded the marketing campaign and arranged the sale on behalf of the seller, The RAM Companies.

Located within the Rte. 3 technology corridor, 30 miles north of downtown Boston, 900 Middlesex Tpke. is less than two miles from Rte. 3, three miles from the I-95/Rte. 3 interchange and seven miles to I-495, providing regional access to all of greater Boston’s major highway systems and population centers. Additionally, the property benefits from access to all of the retail, restaurants, service and lifestyle options located in and around the Burlington Mall.

Renovated earlier this year, 900 Middlesex Tpke. offers 30’ x 40’ column spacing, 26’ clear ceiling heights, four tailboard dock doors with levelers, and 268 parking spaces.

The property is fully leased to ASM NEXX, a worldwide leading supplier of metallization advanced packaging deposition equipment, through May 2028

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
Quick Hits
Columns and Thought Leadership
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.
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.

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.