News: Front Section

Elcock, Goodhue and Barry of Meredith & Grew complete $3.2m sale for Eastport

Meredith & Grew has brokered the sale of 122 Quincy Shore Dr. for $3.2 million to Lee Kennedy Co., Inc. Executive vice president James Elcock and associates David Goodhue and Katharine Barry of Meredith & Grew represented the seller Eastport Real Estate Services. Owner Dana Narlee of Pearson Associates represented the buyer Lee Kennedy Co., Inc. The building will be used as Lee Kennedy's corporate headquarters. Built in 1984 and renovated in 1996, 122 Quincy Shore Dr. is a two-story, 21,000 s/f office building located eight miles south of downtown Boston. It is close to the North Quincy Red Line T Station, one mile from Rte. 93 and five minutes from Rte. 3.  "We applied value added fundamental property management practices to increase the value well in excess of our original expectations. We were very pleased that Meredith & Grew and Pearson Associates handled the transaction in such an efficient manner." said Michael Price, president of Eastport Real Estate Services.
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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: