News: Front Section

Cummings Properties signs Sullivan, Cotter and Associates, Inc. to 3,500 s/f at 300 TradeCenter

Sullivan, Cotter and Associates, Inc. (SullivanCotter) recently leased 3,500 s/f of first-class office space at 300 TradeCenter. The national consulting firm took occupancy of its new suite in the Cummings Properties-managed building in October. SullivanCotter specializes in executive, physician, and employee compensation, with a focus on health care, higher education, associations, and foundations. The 21-year-old, independent firm has 12 locations across the U.S. Cummings Properties leasing director Rob Yacobian worked with James Stubblebine of The Stubblebine Company, as well as Lou Suski of SullivanCotter's national brokerage firm, Gaughan Companies, on the lease transaction. Yacobian said, "We are delighted to welcome this well-respected consultancy to our landmark TradeCenter 128 campus. With its new location at the intersection of I-95 and I-93, SullivanCotter is well positioned to serve the New England region." Built in 2008, the 600,000 s/f office and technology park features on-site MBTA service, banks, day care facilities, free parking in a 1,000-car garage, and restaurants, including the recently opened Strega Prime. Cummings Properties, based in Woburn since its founding in 1969, leases and manages 10 million square feet of prime commercial space in 10 suburban Boston communities.
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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.

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.