Fischer Real Estate negotiates 12,920s/f retail lease at 193 Main St.
According to Fischer Real Estate, JDCA, LLC has leased 12,920 s/f of retail space at 193 Main St. to Skate Time of Monroe, LLC. The initial lease term is for 5 years and includes options to extend and purchase the property. Alan Fischer president of Fischer Real Estate, represented both the landlord and the tenant in this transaction.
According to Fischer, the location has long been used for recreational purposes.
Art DeFrancisco, the new business owner, plans to spend a considerable sum of money to re-invigorate the site to bring it back to its days of glory. "it's going to be a great place to bring the kids for fun!" said DeFrancisco,
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,
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.
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.
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.
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: