News: Front Section

Combined Properties signs 5,300 s/f lease with Line Drive Sports

Combined Properties Inc. has signed a lease with Line Drive Sports for 5,300 s/f of space at 89 Commercial St. According to owner Lester Morovitz, "Line Drive Sports will provide Malden and vicinity with a new baseball and softball training facility offering batting cages, professional instruction, sports apparel and a food and beverage area. We will formally open the facility in Fall 2010 with introductory outdoor clinics & camps beginning in May and continuing thru August 2010. The goal is to provide an entertaining and learning atmosphere where players can enjoy the sport on both recreational and competitive levels to improve their individual games." Line Drive Sports chose 89 Commercial St. because of the buildings infrastructure and parking as well as its proximity to the central business district, MBTA and solid customer base. Vice president and director of leasing, Greg Regazzini represented Combined Properties; the tenant was represented by David Morovitz of REF Realty. Combined Properties, Inc. is a full-service real estate investment and development firm specializing in high-quality office, R & D, industrial, and retail properties in the Northeast. Since its founding, the company has purchased, developed and managed over two million square feet of space. Most recently, the firm has launched an expansion into residential development. The firm is based in Malden, MA.
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Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

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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:
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.

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.
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.