News: Front Section

Faulkner of Faulkner & Associates and KW Commercial brokers $1.3 million sale

Amesbury, MA Faulkner & Associates and KW Commercial have completed the $1.3 million sale of 49 Macy St.

Janet Faulkner, president of Faulkner & Associates and director at KW Commercial, the commercial division of Keller Williams Realty, represented the sellers, L&L Realty, and brought the buyers, 49 Macy Street Realty, LLC.

Alternative Therapies Group, (ATG) is renovating the 8,000 s/f building for the sale of retail marijuana, and expects to open the new location in October. ATG has operated a marijuana cultivation and processing facility in town since 2014, and in 2015, opened the first dispensary in Massachusetts to begin serving registered patients. The dispensary is located in historic Salem.

Faulkner & Associates is a full-service team of commercial real estate advisors- representing sellers, buyers, landlords and tenants of commercial properties- operating in Massachusetts, New Hampshire, and Florida.

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,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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:
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.