News: Front Section

Cummings Properties' 150,000 s/f TradeCenter 128 welcomes employees

Many employees at the Edward J. Sullivan Courthouse will be making the move to their new 150,000 s/f building at TradeCenter 128. It is expected to be fully ready for occupancy by March. This concrete and glass-enclosed facility is located on Sylvan Rd., between exits 34 and 35, off Rte. 128/I-95. It is a seven-story structure connected to another new seven-story office building by a 900-car garage, according to officials at Cummings Properties, LLC, the project's owner and developer. Work on the TradeCenter 128 began last January and the project remains on schedule, with an expected December 31st completion day for the freestanding courthouse building, says Ernie Agresti, vice president of Cummings. "At the urging of the court, we agreed to make an extra special effort to complete the courthouse by the end of the year so it could move in by early 2008." Approximately 200 employees of the Middlesex Superior Court will occupy the new office and courtroom space. According to Agresti, the court has leased its new facility for five years, during which the state is expected to complete more than $130 million in courthouse upgrades.
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,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

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

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

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

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.