 (2).jpg)
News: Front Section
Posted: November 15, 2019
Conrad and McEvoy of Conrad Group handle $2.19 million purchase
Rockland, MA The Conrad Group negotiated the sale of 45 Reservoir Park Dr., a 29,000 s/f block building on 2.68 acres. With access via Exit 14 off of Rte. 3, the building will serve as a second location for Triple G Scaffolding Services.
Jim McEvoy, senior vice president of The Conrad Group, said, “After a lengthy search, including the evaluation of several land sites, 45 Reservoir was selected by the team at Triple G due to its quality of construction, flexibility of dock high and drive-in loading and proximity to the buyer’s headquarters in Norwell.”
According to the Plymouth County Registry of Deeds the sale price was $2.19 million. McEvoy and Bob Conrad, president of The Conrad Group, exclusively represented the buyer. The seller was represented by Rader Properties.
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,
Quick Hits
.png)
Columns and Thought Leadership
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:
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.
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.
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.
