D.L. Saunders handles 4,650 s/f lease at The Park Plaza Office Bldg.
RAND Corp., the Californian nonprofit research company opened its sixth U.S. office at The Park Plaza Office Building adjoining the Boston Park Plaza Hotel & Towers to focus on healthcare research issues. Garrett Larivee from McCall & Almy represented the tenant while Lisa Saunders of the D.L. Saunders Real Estate Corp. represented the landlord.
The new office will be headed by Dr. Eric Schneider, an internist at Brigham and Women's Hospital and an associate professor at the Harvard School of Public Health. Schneider said Boston is attractive for its universities and research organizations. He expects the local office to grow rapidly and to include a cadre of highly-skilled scientists with expertise in health and other key areas of policy.
The new location of the RAND Corp. at 4,650 s/f will be on the 7th floor of The Park Plaza Office Building, which is approximately a 240,000 s/f building. This location is a first-class, full-service office building adjoining the Park Plaza Hotel & Towers in the Back Bay neighborhood. The professionally managed building features high-speed Internet w/ personal IP addresses and redundancy, video conferencing, The Park Plaza Executive Centre is located on the 4th floor with a plethora of restaurants, conference rooms, adjacent indoor parking, fitness center, and 24-hr security.
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.
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.
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: