News: Front Section
Posted: April 29, 2016
Cronin of Colliers International brokers sale of 39-acre former 4H property - Public record indicates property was sold for $3.15 million
Former 4H property, 466 Chestnut Street - Ashland, MAAshland, MA The Boston office of Colliers International has brokered the sale of the 39-acre former 4H property at 466 Chestnut St. at Eliot St. Colliers senior vice president Bob Cronin represented both the seller, Cloverland Properties of Sudbury, Mass., and the buyer, The Green Companies of Newton, Mass. Public records indicate that the sale price for the property was $3.15 million. According to recent press releases, the project at 466 Chestnut St. has been named “The Lanterns at Warren Woods” and it has recently been approved for 93 senior-living residential units. Construction will start in the next 60-days.
Colliers International Group Inc. is a global leader in commercial real estate services with more than 16,146 professionals operating from 554 offices in 66 countries. With an enterprising culture and significant insider ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include brokerage, global corporate solutions, investment sales and capital markets, project management and workplace solutions, property and asset management, consulting, valuation and appraisal services, and customized research and thought leadership. Colliers International has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 10 consecutive years, more than any other real estate services firm.
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,
Columns and Thought Leadership
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.
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
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
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.