Curley of Newmark Knight Frank represents Capital Commercial Investments, Inc. in three leases totaling 119,658 s/f
Christopher Curley, principal of Newmark Knight Frank, recently represented Capital Commercial Investments, Inc. in three lease renewals totaling 119,658 s/f at the newly renovated 495 Business Center.
Philips Electronics North America Corp. renewed 82,700 s/f at 500 Business Center Dr. Philips Electronics represented by John Wilson of Richards Barry Joyce & Partners.
At 400 Business Center Dr., CompuCom Systems, Inc. renewed 32,844 s/f and Sonexis Technology, Inc. renewed 4,114 s/f. CompuCom Systems was represented by Mark Reardon of CB Richard Ellis, while Troy Coady and Brian Morrissey of Jones Lang LaSalle represented Sonexis Technology.
495 Business Center is a master-planned business park located one quarter mile from the interchange of I-495 and Rte. 133, benefitting from 3,000 feet of frontage on I-495 in Tewksbury, MA. The property is 2 miles from I-93 via both I-495 and Rte. 133 and 25 miles from downtown Boston and Logan Airport. The campus consists of high-tech office, high-bay warehouse, flex, and light manufacturing space encompassed in four attached and interconnected buildings (buildings 200, 300, 400 and 500) totaling 722,000 s/f.
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.
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.
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:
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.