News: Front Section

Fischer of Fischer Real Estate brokers 16,563 s/f lease to EFT

Fischer Real Estate has brokered a lease for 16,563 s/f of flex space for up to eight years at 88 Long Hill Cross Rd. The tenant, Engineered Fibers Technology, LLC (EFT), has relocated from elsewhere in town. The property is owned by R.D. Scinto. Alan Fischer, CCIM, SIOR, president of Fischer Real Estate, was the sole broker who handled the negotiations between the parties. Bob Evans, managing director of EFT, said, "We needed a creative transaction that provided for a larger facility to address our immediate space requirements, the flexibility to grow in place and a lease with atypical terms and, due to our unique circumstances, minimized our risks in the short term while simultaneously providing for long term stability if, as we expect, we are successful in expanding our fiber processing business." Founded in 1976, Fischer Real Estate is recognized as one of the best boutique commercial real estate companies in Connecticut, specializing in helping people make informed decisions on buying, selling or leasing small to mid-size commercial, industrial, office and investment properties throughout Fairfield and New Haven Counties.
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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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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.