News: Front Section

Development Associates handles sale of 17,200 s/f former Verizon building to JFJ Holdings, LLC

Development Associates has recently brokered the sale of 8 Industrial Dr. to JFJ Holdings, LLC for an undisclosed price. The building is a one story, industrial warehouse building with office space on 5 acres of land formerly occupied but Verizon and Fairpoint Communications. The new owner intends to use the facility for warehouse storage for a local restaurant franchise. Development Associates represented the seller, and Coco, Early & Associates of NH represented the buyer in the transaction. Development Associates has been developing commercial and industrial property throughout the pioneer valley for over 30 years. The company has completed numerous major projects throughout the region and manages a 1,500,000 square foot portfolio of property from North Haven, CT to Greenfield, MA including office, industrial, automotive, high tech and warehouse/distribution properties. For more information please visit www.DevAssociates.com or call (413) 789-3720
MORE FROM Front Section

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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Columns and Thought Leadership
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.
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:
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.