News: Front Section

Frey of Commonwealth Comm'l. Advisors brokers $2.55 million sale of 5 Mear Rd.

Belle-Pak Packaging Inc. recently purchased an 85,200 s/f industrial building at 5 Mear Rd. The property was purchased for $2.55 million. The sale includes the leases of three, long term stable tenants. Based out of Toronto, Canada, Belle-Pak Packaging, Inc. is a leader in the plastic and print industry, offering a diverse line of polyethylene and print products around the world. Stefan Frey, managing principal of Commonwealth Commercial Advisors, Inc. represented the ownership of 5 Mear Rd. Along with local counsel, Belle-Pak represented itself in the negotiation. About Commonwealth Commercial Advisors: Commonwealth Commercial Advisors is a full service commercial real estate firm located in greater Boston, MA. CCAdvisors takes a personal, consultative approach in representing each and every client's specific and unique requirements. CCAdvisors provides the highest level of service by utilizing extensive industry knowledge and expertise of the local commercial real estate market and works diligently to meet each client's strategic, operational, financial and cultural goals. More information can be found at http://www.ccadvisors.net.
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,
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Columns and Thought Leadership
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.
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.
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.