News: Front Section

Frisoli and Whoriskey of Cushman & Wakefield handle sale for The Davis Cos.

Cushman & Wakefield of Mass. completed the sale of 80 Stockwell Dr. to Hilco Real Estate for an undisclosed price. Cushman & Wakefield's executive vice president Mike Frisoli and associate director Pete Whoriskey represented The Davis Cos., the seller, and procured the buyer. Cushman & Wakefield was subsequently retained as the exclusive leasing agent for the facility. Located just 20 miles south of Boston, 80 Stockwell Dr. is a 248,000 s/f industrial building with 37,000 s/f of supporting office space. The property benefits from its exceptional access to Rte. 24 and excellent proximity to Rte. 128, I-93, I-95 and I-495. "80 Stockwell Drive has tremendous upside potential for any large tenant in the market today," said Cushman & Wakefield executive vice president Mike Frisoli. "With excellent accessibility in a strong industrial environment, the building offers a highly desirable big block of space that is ideal for one large user or multiple smaller users." Cushman & Wakefield advises and represents clients on all aspects of property occupancy and investment. Founded in 1917, it has 250 offices in 60 countries, employing more than 16,000 professionals. It offers a complete range of services to its occupier and investor clients for all property types, including leasing, sales and acquisitions, equity, debt and structured finance, corporate finance and investment banking, appraisal, consulting, corporate services, and property, facilities, project and risk management. For the New England area, Cushman & Wakefield maintains offices in Boston, Massachusetts; Manchester, New Hampshire; Hartford and Stamford, Connecticut; and Portland, Maine.
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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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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.
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.
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.