News: Front Section

Foote, Gaucher and Karney O,R&L Commercial completed multiple deals

O,R&L Commercial agent Stephen Foote recently sold 3298-3300 Berlin Tpke. for $1 million. 3298-3300 Berlin Tpke. is an 8,000 s/f retail building on 1.01 acres. Foote represented the seller, R&B Realty Trust and the buyer AutoZone, Inc. was represented by Robert Blank of Sullivan Hayes. Also, Robert Gaucher, CCIM, SIOR of O,R&L Commercial has leased 6,698 s/f of office space at 624 Hebron Ave. in Glastonbury, Conn. 624 Hebron Ave. is a 12,311 s/f class A office building directly off Rte. 2. Gaucher represented the landlord, 3 Play Realty, LLC. CBRE New England represented the tenant, Mission Control. In addition, O,R&L Commercial agent Carol Karney sold 29 Berlin Rd. in Cromwell, Conn. for $915,000. 29 Berlin Rd. is an 8,902 s/f office building on 1.14 acres. Karney represented the seller, LJS Cromwell, LLC. The buyer, Better Business Bureau was represented by David Barnes of CBRE and will occupy the entire building. O,R&L Commercial, LLC with offices in Branford and Rocky Hill represents landlords and tenants in the office, retail, medical, investment and industrial markets. O,R&L Integrated Services is a full service real estate firm that specializes in commercial real estate brokerage, commercial construction, and facility management and maintenance.
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
Quick Hits
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.

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.
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.