News: Front Section

Dill of Cresa Providence represents Aflac in a 2,750 s/f office lease at 110 Jefferson Boulevard

Kenneth Dill of Cresa Providence recently represented Aflac, a worldwide insurance agency, in a 2,750 s/f office lease at 110 Jefferson Blvd. Previously located at 200 Centerville Rd., Aflac moved its regional office into the single-story, 20,000 s/f standalone building this month. The favorable rent, improved visibility, larger space, ample parking, compliance with Aflac requirements, proximity to I-95, and a flexible landlord were all factors that attracted Aflac to the new location. The landlord was represented by Celeste Marcellino of Coast Realty Associates. "It became clear that we needed an objective tenant advocate to help us expand into the right space," said William Kirk, regional sales coordinator of Aflac. "Cresa helped us streamline the process and find a perfect new location for our Rhode Island office." Cresa LLC, one of the nation's largest corporate real estate advisory firms exclusively representing tenants, is headquartered in Boston.
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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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Columns and Thought Leadership
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:
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.

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.
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.