News: Front Section
Posted: October 19, 2018
FoxRock Properties relocates headquarters to 1495 Hancock St., Quincy
Quincy, MA FoxRock Properties, LLC has relocated its corporate headquarters to the 4th floor of 1495 Hancock St., where it occupies 8,200 s/f. Previously, the company was based in Norwell, with a satellite office in North Quincy.
FoxRock purchased 1495 Hancock in August 2017 and has since constructed a modern office environment that mirrors the corporate spaces it designs and manages for numerous commercial tenants in Quincy and on the South Shore.
Moving to the first floor of 1495 Hancock will be Fat Cat restaurant. Fat Cat will be anchoring the first-floor retail space and is expanding from it current restaurant location in Quincy Center.
“We wanted to be closer to our acquisitions and redevelopment projects in and around Quincy,” said FoxRock Managing Partner Jason Ward. “There is tremendous energy in Quincy Center and lots of positive momentum. We are excited to be a part of this dynamic revitalization and redevelopment.”
Ward also announced that Mark Carroll has joined FoxRock as COO in charge of the firm’s growing real estate portfolio. Carroll, formerly the senior director of asset management at Campanelli in Braintree, has over 25 years of experience in commercial, industrial, and multi-family real estate. Carroll has worked on hundreds of investment and development projects totaling over $1 billion.
Tags:
Front Section
MORE FROM Front Section
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,
.png)
Columns and Thought Leadership
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
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
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
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.
