News: Front Section

Davis of Trevor Davis Commercial Real Estate, LLC completes $800,000 sale

Trevor Davis, CCIM, of Trevor Davis Commercial Real Estate, LLC, completed the sale of 61 Durant Terrace. The city of Middletown purchased the former St. Sebastian's School for $800,000 from the Saint Sebastian Roman Catholic Church Corp. 61 Durant is a 13,000 s/f updated historic building and a modular building of 2,000 s/f, both located off of South Main St./Rte. 17. The city will convert the former school into a senior center and municipal offices. The modular building is the temporary home of the Veterans Museum. Davis was the sole broker. Davis also negotiated the sale of a commercial condominium unit at 770 Newfield St. (Rte. 3). The owner, Frances Cruz, sold the unit to 12 Springbrook LLC for $163,000. The 2,100 s/f industrial space will be leased to Geometric Movers. Davis was the sole broker. Trevor Davis Commercial Real Estate provides customers with a full range of commercial real estate services. They help users, owners and investors of commercial (office, industrial, and retail) and conservation (open space) real estate by saving clients' money and time in their transactions, tax strategies and specialized consulting and research needs. Trevor Davis, CCIM, has over 30 years of experience in commercial real estate in central Connecticut.
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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,
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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.
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.

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.
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: