News: Front Section

Eastport Real Estate Services completes 7 leases totaling 13,586 s/f

Eastport Real Estate Services completed seven leases for a total of 13,586 s/f. At 230 Second Avenue DataSense Solutions extended their lease for 2,250 s/f for three years, while Korea IT International Cooperation Agency signed a new lease for 1,374 s/f for a one year term. Also at 230 Second Avenue, WIC/Stanton Insurance signed a three year lease extension for 8,000 s/f. The property at 230 Second Ave is owned by Eastport 230, LLC and continues a track record of 100% occupancy. 318 Bear Hill Rd. was the first property purchased by an Eastport entity, Eastport Equity I. Legacy Real Estate Ventures, SoftServe, Inc., Home Care New England and CapGemini executed leases totaling 1,962 s/f. Eastport Real Estate Services is a property management and consulting firm with a singular intent: to create, enhance and preserve value for our clients. Eastport manages a wide range of property types, including commercial, retail, medical and office/medical condominiums throughout Massachusetts. In addition to third party property management services, Eastport also offers maintenance services, advisory services and leasing. Founded in 1995, Eastport Real Estate Services is located at 235 Bear Hill Road, Waltham. For further information, Contact Robert Bowen at 781-890-5855, x122
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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
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.
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.

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: