News: Front Section

Development Associates signs New England Mechanical Services to 9,435 s/f

Palmer, MA Development Associates brokers a new lease with New England Mechanical Services (NEMS). In January, NEMS expanded its leased space from 4,150 s/f to 9,435 s/f at their Third St. location. NEMS offers single-source facilities services solutions including engineering, design, HVAC, energy, mechanical and electrical construction services and repair and maintenance for commercial real estate, financial, healthcare, technology, educational and industrial facilities.

Development Associates is a local, family owned business with an extensive reach into the regional real estate market. They bring over 50 years of development, construction and brokerage experience to their clients. The principals of Development Associates have been involved in the construction and development of a wide range of commercial and industrial real estate since 1955. Due to their long successful history, they have experience in providing customer solutions across all types of projects: automotive, medical, high tech, office, banks, hotels, child care, post office, manufacturing, distribution, educational, call center, and more. Properties that they’ve developed and manage range from a 1,200 s/f U.S. Post Office, to a 75,000 s/f high tech campus, to a 30,000 s/f medical office building, to a 190,000 s/f office complex.

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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: