News: Front Section

Connolly and Hawkins of CB Richard Ellis - N.E. broker 7,536 s/f lease expansion for Oasis Northwoods LLC

On behalf of Oasis Northwoods LLC, CB Richard Ellis - N.E. Partners, LP (CBRE/NE) completed a new lease expansion at The Tower at Northwoods at 222 Rosewood Dr. Coastal CapitalCorp., a privately owned private wealth manager, expanded into 7,536 s/f at the property. As exclusive leasing agent for the asset, CBRE/NE's David Connolly, senior vice president/partner, and Kerry Olson Hawkins, first vice president represented the landlord. The Simard Company represented the tenant. "We are pleased to accommodate Coastal Capital Corporation's growth at The Tower at Northwoods," said Connolly. "The building, situated at the junction of Rte. 114 and Rte. 1, is the tallest office tower north of Boston and features expansive views, immediate access to major roadways, and proximity to an array of first-class amenities." Built in 1990, The Tower at Northwoods offers approximately 184,000 s/f of superior office space. This unique 11-story class A office building is the tallest high-rise office tower in Boston's North Shore region and is ideally situated less than one mile from both I-95 and Rte. 1. The Tower at Northwoods is only 20 miles north of Boston and caters to North Shore executives seeking both prominence and convenience in their office location.
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,
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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.