Denenberg and Gillette of Denenberg Realty Advisors handle $1.2 million in sales
Robert Gillette of Denenberg Realty Advisors recently sold a 8,704 s/f free standing brick building located at 1676 Dorchester Ave. Julie and Dustin Thai purchased the property for $700,000. Jonathan Lam of Town Hall Realty represented the buyer.
Gillette said, "This building has great bones and is a perfect fit for the new owner. I recently joined Denenberg Realty Advisors and we are seeing the market pick up and I am eager to help my new clients find properties that fit their buying criteria."
In addition Neil Denenberg of Denenberg Realty recently sold a mixed-use retail and office building in Franklin, Mass. The property is located at 7-13 East Central St. Maribeth Perry purchased the 3,494 s/f property for $555,000. Faramarz Khedmaty of Metro Business Brokers represented the buyer.
Denenberg said, "Income properties are great to add to your real estate portfolio. They will increase in value while you are still receiving monthly income and reducing your mortgage balance. I have many buyers looking for mixed use properties and see the market opening up. This is a great time to buy or sell income properties with interest rates at a record low."
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.
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:
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.