News: Front Section
Posted: May 3, 2019
Combined Properties renews Walden Behavioral Care to 6,663 s/f
Peabody, MA According to Combined Properties, Inc., Walden Behavioral Care, LLC has renewed a 6,663 s/f lease at Two Corporation Way in Centennial Park.
“Two Corporation Way’s exceptional location was a primary factor in Walden’s initial decision to come to Centennial Park,” said Greg Regazzini, senior vice president and director of leasing for Combined Properties. “This lease affirms that the first-class properties in our Peabody portfolio continue to facilitate the needs of well-established companies like Walden Behavioral and its Centennial Park neighbors.”
“We believe that environment is of critical importance to the treatment of our patients,” said Stuart Koman, Ph.D., president and CEO of Walden. “Our spaces offer bright colors, an abundance of natural light and many quiet areas so that we can provide patients plenty of privacy and help them feel comfortable and safe.”
Matt Harvey, a principal of Cresa Boston represented Walden. Regazzini represented the landlord.
Tags:
Front Section
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,
Columns and Thought Leadership
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.
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.
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
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.