Conrad, McCourt and McEvoy of The Conrad Group handle 15,000 s/f lease
The Conrad Group, Inc. has recently leased 15,000 s/f at Norwell Corporate Center at 141 Longwater Dr. It marks the 4th lease the firm has consummated in the past 8 months totaling 91,000 s/f.
The new tenant, Onpoint Financial Corp., is a national firm and a leader in sub-prime auto financing. The firm establishes partnerships with used automobile dealers nationwide and provides financing to their customers.
According to Robert Conrad, president of The Conrad Group and exclusive agent for Foxrock Properties, " We're extremely happy to add Onpoint Financial to our tenant roster at Norwell Corporate Center. Since acquiring the asset last year and having renovated the building, Foxrock continues to gain momentum in leasing the entire building which totals 270,000 s/f. Our amenities include an on site cafeteria which seat 175 people, a fitness center with locker rooms and a conference center. In addition, we offer our tenants free storage space. It's a formula that works in this very competitive market we find ourselves in."
Onpoint joins other tenants including Wearguard, Inc., TriCore Inc. and Thorbahn Insurance Company.
Conrad was assisted by Paul McCourt and Jim McEvoy also of The Conrad Group in this transaction. Occupancy for Onpoint is scheduled for April 1st.
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:
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.