Dunham of NAI Dunham Group handles 20,000 s/f warehouse lease
NAI The Dunham Group recently completed the following transactions:
*Portland Winnelson leased 20,000 s/f of warehouse space at 177 Cash St. from Rowe Associates. Greg Hastings, SIOR and Tom Dunham, SIOR from NAI The Dunham Group brokered the lease.
*Martin's Point Health Care purchased "The Deering Building" at Northport Business Park, a 32,500 s/f office building at 27 Northport Dr., in Portlnad, from L.L. Bean. Thomas Moulton, CCIM, SIOR from NAI The Dunham Group and Tony McDonald from CBRE The Boulos Company brokered the sale.
*Global Educational Systems leased 5,000 s/f of warehouse space at 111 Pine Tree Industrial Parkway, in Portland, from MEGCO Realty II, LLC. Hastings brokered the lease.
*Devine Treasures leased 1,000 s/f of retail space at 625 Bridgton Rd., in Westbrook, from White Bear Properties. Chris Craig from NAI The Dunham Group brokered the lease.
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,
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.
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.
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.
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: