Cordage Commerce Center signs leases and renewals for over 50,000 s/f
Cordage Commerce Center, formally Cordage Park, has signed new leases and renewals for over 50,000 s/f of space. The newly renovated complex has low vacancies even through the depths of the recession. Located on Rte. 3A, the waterfront complex houses two restored 19th century mill buildings, once part of the thriving Plymouth Cordage Company.
The diverse tenant mix includes Jordan Hospital, UMASS Boston, The United Way, Health South, The Plymouth County Treasurer's Office, Fresenius Dialysis and Senator Therese Murray.
The Medical Offices at Cordage is the fastest growing component of the center, as the medical community is rushing to be in place as the demand in the area soars. Cordage now houses 57 doctors with over 184,000 patient visits per year.
The sandblasted brick, 18' ceilings, exposed wood columns and beams and arched windows provide for very desirable loft office space.
This turnkey space is available on a build-to-suit basis per tenant specifications. They can accommodate users from 1,200 s/f to 23,000 s/f.
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,
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.
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:
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.
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.