Denenberg of Denenberg Realty Advisors completes $670,000 sale
Neil Denenberg of Denenberg Realty Advisors has completed the $670,000 sale of a 6,375 s/f building leased to Bright Horizons Childcare & Early Development Center. The property is located 2 Constitution Blvd. Denenberg represented both the buyer and the seller
Denenberg said, "This is one of the many triple net lease properties that we have sold. This type of asset is ideal to purchase during this challenging economic time. Not only does this property have longevity but it also has alternate uses since it is at the beginning of a major industrial park plus the lease has options and increases in the future. We have sold many triple net leases assets throughout the country this year and look to work with new clients and brokers with our expansive list of off market triple net lease properties for sale."
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:
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.
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.