Choyce Peterson brokers 11,300 s/f lease for Lime Rock
Choyce Peterson Inc. has negotiated an 11,300 s/f lease for Lime Rock Partners at 274 Riverside Ave.
Lime Rock, which manages private capital investments in the energy sector, will relocate from about 5,000 s/f at 518 Riverside Avenue. John Hannigan, principal, and Robert Hopper, vice president of Choyce Peterson, represented Lime Rock in its search and lease negotiation.
"Choyce Peterson did a great job for us," said Mark McCall, CFO for Lime Rock. "The building is just down the street, and the third floor, which we will occupy, has great window lines with spectacular views over the Saugatuck River."
Greg Frisoli of Cushman & Wakefield represented the landlord, Lexham Riverside, LLC in the negotiation.
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,
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:
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.
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.