News: Front Section

Delaney, Subber, McDonough and Orpik of Cresa Boston arrange 17,500 s/f office relocation

Paul Delaney, Adam Subber, Shawn McDonough, and Andrew Orpik of Cresa Boston recently represented the Massachusetts Eye Research and Surgery Institution (MERSI) in a 17,500 s/f office relocation of its headquarters to 1440 Main St., a three-story, 67,000 s/f building. Currently occupying 13,000 s/f at 5 Cambridge Center in Cambridge, MERSI needed to expand its operations and upgrade to a larger space. In June, the company plans to occupy a portion of the second floor of the two-building Main Street Corporate Center office complex. "MERSI has been well served by its original home at 5 Cambridge. However, as this world renowned institution continues to grow, it made sense for us to seriously consider alternatives along Rte. 128. Main Street Corporate Center offers MERSI's employees and patients convenient access is a suburban office setting combined with the unique synergies of other tenants within the park. We look forward to seeing their new facility, as they continue to deliver world class care," said Scott Evans, chief operating officer at MERSI. The landlord, Crosspoint Associates, was represented by Transwestern | RBJ. Cresa LLC, one of the nation's largest corporate real estate advisory firms exclusively representing tenants, is headquartered in Boston. Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: transaction management, project management, strategic planning, corporate solutions, site selection, lease administration, capital markets, mission critical solutions, relocation management, and facilities management.
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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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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.

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.
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.