News: Front Section

Everest and Allen of Nordlund Associates handle two sales totaling $2.545 million

Nordlund Associates recently sold a 10,970 s/f industrial building at 20 Garden St. for $1.145 million. The property will be occupied by J. C. Landscaping. The property is desirable for its high bay, clear space warehouse, expansive yard space and proximity to Rte. 114, Rte. 1 and I-95. Chris Everest and Michael Allen of Nordlund represented the landlord, Garden Brook Corp. Also, Greenworks Parks, LLC recently purchased a 20,000 s/f free standing office building at 5 Lakeland Park Dr., Peabody for $1.4 million. The favorable condition of the property and proximity to Rte. 1 and I-95 attracted the buyer who will use the property for back office administrative purposes. Everest and Allen represented the landlord, Bently Family Limited Partnership and secured the buyer. Nordlund Associates, Inc. is a full service commercial real estate firm serving tenants, landlords and investors by facilitating acquisition and/or divestiture of properties through traditional and innovative strategies. We attribute our success to our knowledge, expertise, personalized service and entrepreneurial values. Creative solutions, adjustments and decisions are made on the go.
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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
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.
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: