News: Front Section

Cyrier, Maker, Giller and Hughes of MANSARD handle 310,000 s/f in deals

The MANSARD team has completed over 310,000 s/f of heathcare/medical device deals across the state in recent months. The team closed on the 106,000 s/f acquisition of 300 Griffen Brook Park Dr. on behalf of its client Globus Medical. Peeled off from the REEF/Deutsche Bank portfolio before hitting the market, the asset fit perfectly into Globus Medical's growing robotics and imaging division expansion. Jeremy Cyrier, CCIM and David Maker of MANSARD represented the buyer in the transaction. Sovereign Health signed a 68,500 s/f lease, taking the entirety of 14 Chestnut Place in Ludlow, Mass., once the home to HealthSouth. Originally an acute care hospital, the property was purchased from the FDIC by Mid-Amercia properties and repositioned as a rehab facility for HealthSouth, who vacated in December, 2014. MANSARD conducted a national search for a replacement tenant, landing Sovereign Health, an operator of 23 residential rehablitiation centers nationwide. Cyrier, Maker, David Giller, and John Hughes, CCIM of MANSARD represented the landlord and located the tenant in the transaction. Giller represented Acadia Healthcare in their recent expansion into Massachusetts, where he sourced a 24 acre parcel for their ground up construction of a 130,000 s/f hospital serving the Dartmouth/New Bedford markets. Also, Hughes completed two leases on behalf of NxStage in Wakefield and Norwood, assisting in their entry into the direct to patient dialysis delivery systems. MANSARD's Team helps a select group of individuals, families, businesses and institutions acquire, lease, manage and sell commercial real estate, which includes retail, office, industrial, and multifamily properties. MANSARD uses a proprietary approach called The MANSARD Method to position every real estate opportunity in a unique, special and different way. MANSARD is headquartered in Reading, Mass.
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
Quick Hits
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:
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.

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.