Cushman & Wakefield completes $16.5 million sale of 88,507 s/f
On behalf of Capmark Bank, Cushman & Wakefield of Massachusetts, Inc. completed the sale of 4 Van de Graaff Dr., an 88,507 s/f, class A office building. Cushman & Wakefield's capital markets group of Robert Griffin, Jr., David Pergola and Brian Doherty exclusively represented the seller. The buyer was Oracle America, Inc.
4 Van de Graaff Dr. is a four-story office asset located in the north suburban Boston marketplace. The institutional-quality property, newly constructed in 2001, is in excellent physical condition and has been well maintained by institutional ownership. Located at the highest point on Van de Graaff Dr., the property has visibility and access from U.S. I-95/Rte. 128, and is also near U.S. I-93, Rte. 3A, Rte. 3 and the Middlesex Tpke.
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,
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.
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.
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: