 (2).jpg)
News: Front Section
Posted: September 30, 2022
Durgin of Conway Commercial completes $1.85 million sale
Pembroke, MA Paul Durgin, vice president of Conway Commercial, brokered the sale of 29 Winter St., for $1.85 million. The property, built in 2005, contained 14,500 s/f of first class office space, situated on over six acres. Located close to Rte. 3 it has been the headquarters to Gragil Associates since 2005.
Durgin represented the seller, Pembroke Realty Trust and procured the buyer, B&M Real Estate Investment, LLC. The buyer, who owns and operates an electrical design & contracting company plans to occupy the building in addition to expanding the footprint.
Tags:
Front Section
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,
.png)
Columns and Thought Leadership
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
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
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
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.
