Davis of Trevor Davis Commercial Real Estate completes four leases
Trevor Davis of Trevor Davis Commercial Real Estate recently completed the following commercial property lease transactions:
* Represented the landlord, Schaffer Associates, LLC to lease 2,000 s/f at 320 Main St. to Walter and Thomas Wang. 320 Main St. is in the large, central block of downtown. The space is the areas newest restaurant, Anoho, a noodle house, serving decorative Asian cuisine. Davis was the sole broker in the transaction.
* Represented Jem Wire Products, Inc., to lease 31,800 s/f at 2303 So. Main St., to Alpine Environmental Services, LLC. This large industrial building is located on Rte. 17. Jem Wire has closed their operations. Alpine Environmental Services moved their operation from Wallingford. Davis was the sole broker in the transaction.
* Leased office and worship space from First United Methodist Church at 24 Old Church St. to Shiloh Christian Church. The two congregations have their own separate spaces at the Methodist Church on the South Green while Shiloh builds their new church at 693 Saybrook Rd. Davis was the sole broker in the transaction.
* Leased 2229 s/f to TEC, Inc., in 100 Plaza Middlesex. This beautiful brownstone façade is also known as 179 Main St. The tenant, also known as The Environmental Company, is from Charlottesville, Va. Tom Ford of Midfield Corp. represented the landlord and Davis represented the tenant.
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,
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:
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.