Cronin of Lincoln Property Company brokers 10,600 s/f lease to Arborway Imports at 141 Middlesex Tpke.
Rob Cronin, vice president with Lincoln Property Company, assisted Arborway Imports with an extensive north suburban market survey and analysis, which resulted in a five-year lease for 10,600 s/f at 141 Middlesex Tpke.
"The Berman Company and Arborway Imports worked very well together in pulling together this lease agreement. In the end, it was a great fit for both parties and LPC appreciates the chance to have worked with them both," said Cronin.
141 Middlesex Tpke. is a 55,500 s/f flex building located less than a mile from Rte. 128/I-95 and Rte. 3 and is located directly across from Northwest Park.
During this analysis, Arborway considered spaces ranging geographically from Allston to Wilmington, but decided on Burlington due to the highway access, proximity to its current Arlington space and the competitive terms put forth by the landlord, The Berman Company. The deal was further facilitated due to the impressive record of the owner of 141 Middlesex Tpke. as a landlord in the market.
The full service commercial real estate company, Lincoln Property Company, represented both the landlord and the tenant in the transaction.
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:
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.
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.