News: Front Section

Farrell of Cummings Properties negotiates 6,000 s/f lease for Meridian

Meridian Associates has leased 6,000 s/f at 500 Cummings Center. Mike Farrell, the Cummings Properties leasing/property manager who managed the negotiations, said, "Cummings Properties and Meridian Associates have a shared dedication to social responsibility. It was our pleasure to accommodate Meridian's requests, ensuring its office has the least possible impact on the environment. Plus, the final product looks great and fits in well with the building's high-end design." Don Bowen, principal at Meridian, cites the quality and value of the office space and the relatively new construction of the building as incentives to relocate from the company's previous location in North Beverly. Meridian opted for several interior design upgrades, including LED light fixtures, low VOC paint, and carpeting with recycled content. According to Bowen, "We designed the space to be not only environmentally friendly, but also human friendly." Cummings Properties has a long history of green business practices including building renovation and reuse; energy-saving design, construction, and property maintenance; utilization of recycled materials and equipment; and reduction of waste through recycling programs. The 500 Cummings Center building was constructed to high efficiency standards and should soon be eligible for Energy Star and/or LEED certification.
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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.
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:
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.