CresaPartners' Lowe, Topper and Bannon assist in leases of 20,845 s/f
CresaPartners represented Skyhook Wireless, Inc., Justice Resource Institute, Inc., and Commonwealth Care Alliance in office lease expansions and extensions totaling 20,845 s/f.
Commonwealth Care Alliance, a not-for-profit care delivery system that integrates health care and related social support services, has expanded its lease by 9,095 s/f on the 12th floor at 30 Winter St. The company was represented by Rick Lowe and James Topper. Jeff Gates of Colliers Meredith & Grew represented the landlord, John Staunton.
Justice Resource Institute, Inc., a not-for-profit human services provider, has extended its lease at 545 Boylston St. The company, represented by Lowe and Topper, will continue to occupy 6,750 s/f on the 7th floor. Jim Brady of Cushman & Wakefield represented the landlord, Westport Point Corporation.
Skyhook Wireless, Inc, provider of the Wi-Fi positioning system and the hybrid XPS 2.0 positioning system, has expanded its lease by 5,000 s/f on the 4th floor at 34 Farnsworth St. The company was represented by Lowe and Mike Bannon of CresaPartners. Tom O'Regan of Richards Barry Joyce & Partners represented the landlord, AG/ND Fort Point, LLC.
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,
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.
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:
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.
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.