News: Front Section
Posted: November 30, 2015
Cyrier and Maker of MANSARD complete $1.1 million sale of a mixed-use property
281 Main Street - Reading, MAReading, MA Jeremy Cyrier, CCIM and David Maker of MANSARD represented GWT Haven Realty in the purchase of a mixed-use property at 281 Main St. (Rte. 28).
The former Reading Motor Cars property has changed hands for $1.1 million, more than double the $450,000 it last sold for in April 2011.
GWT Haven Realty financed the deal using a $936,000 loan from Lowell Five Cent Savings Bank.
Jeremy Cyrier, MANSARD
David Maker, MANSARD
The seller of the retail space at 281 Main St., a 3,600 s/f building on 33,100 s/f of land, was acquired from Go Green LLC, an entity managed by Daniel T. Enxing.
MANSARD helps a select group of clients acquire, lease, manage and sell commercial real estate throughout Eastern Mass.
Their purpose is to help their clients make financially successful commercial real estate decisions to enrich their lives and those of their community. MANSARD is headquartered in Reading, Mass.
Tags:
Front Section
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,
Columns and Thought Leadership
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:
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.
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
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.