Clarke of ABG Realty completes $855,000 sale of 784-790 Tremont St.
Rocklyn Clarke of ABG Realty brokered the $855,000 sale of 784-790 Tremont St., on behalf of the buyers, 784 Tremont St, LLC. The property formerly Sallie's Fish market, is a 3,656 s/f mixed used/retail building on Tremont St. The property has been vacant for over ten years and through displaying an extremely effective sales approach, the sale was concluded in less than 3 months.
The local community anticipates the improvements on the building will harmonize with the local architecture. The renovations consist of high-end residential condominiums to be performed by Haycon Inc. (the architect and the developer).
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.
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.
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.
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: