Nippon Express USA has recently renewed a 50,930-s/f lease at 30 Innerbelt Rd. With the desire to stay close to Logan Airport, Nippon Express found its location to be ideal after considering other local industrial parks.
The Colliers International team of James Elcock and Brian Flaherty represented Nippon Express in the transaction with landlord, Prologis, L.P.
30 Innerbelt Road is a 197,000-s/f class B industrial manufacturing building consisting of mixed warehouse and office space. Inner Belt Park is located 10 minutes from downtown Boston and is serviced by MBTA bus lines. The building is fully leased.
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.
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.