 (2).jpg)
News: Front Section
Posted: December 1, 2023
Freudenheim Partners facilitates $1.45 million purchase of location for Bodhi Spa
Norwood, MA Freudenheim Partners’ client Bodhi Spa has purchased 10 Cottage St. for $1.45 million ($165 per s/f). The 8,770 s/f office building will be the spas’ third location. The spa also operates additional locations in Providence and Newport, R.I.
Ellie Cullinan negotiated the purchase of the building on behalf of the buyer, Bodhi Spa, while Brendan Coan of Paramount Partners LLC, represented the seller.
“The Bodhi Spa takes relaxation and restoration to the next level,” said Cullinan. “Owners Harmony and Cedar were incredible to work with and have such passion for their business. Can’t wait to see them thrive in Boston!”
“The Bodhi Spa is a hydrotherapy day spa with a focus on whole body health and wellness. We offer our guests the restorative experience of taking the waters through the ancient tradition of a thermal bath circuit,” said Harmony Oschefski, founder of The Bodhi Spa. “In addition, we offer a full menu of services including massage therapy, facials and body treatments. We look forward to expanding our wellness offerings to the community in 2024.”
Tags:
Front Section
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,
Columns and Thought Leadership
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.
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
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
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.
