Frisoli, McDonald, Ruggiero and Taylor of Cushman & Wakefield broker 144,541 s/f lease on behalf of Cynosure, Inc.
Cushman & Wakefield (C&W) completed the 144,541 s/f lease of 3 and 5 Carlisle Rd. on behalf of Cynosure, Inc. C&W's executive vice presidents Michael Frisoli and J.R. McDonald represented the tenant. C&W's executive directors Richard Ruggiero and Torin Taylor represented the landlord Normandy Partners.
The lease in the class A office campus Westford Corporate Center represents one of the largest suburban leases of 2013.
Cynosure has been helping physicians and aesthetic business owners capitalize on the unique and growing opportunities in the aesthetic laser market since 1991. They are a leading developer and manufacturer of a broad array of light-based aesthetic and medical treatment systems. Their products are used to provide a diverse range of treatment applications such as hair removal, skin resurfacing and scar reduction, as well as the treatment of vascular lesions.
Cushman & Wakefield is one of the world's largest privately-held commercial real estate services firms. The company advises and represents clients on all aspects of property occupancy and investment, and has established a preeminent position in the world's major markets, as evidenced by its frequent involvement in many of the most significant property leases, sales and assignments. Founded in 1917, it has 250 offices in 60 countries and more than 16,000 employees. It offers a complete range of services for all property types, fully-integrated on a global basis, including leasing, sales and acquisitions, debt and equity financing, investment banking, corporate services, property management, facilities management, project management, consulting and appraisal. The firm has more than $4 billion in assets under management through its wholly-owned subsidiary Cushman & Wakefield Investors. For the New England area, Cushman & Wakefield maintains offices in Boston; Manchester, NH; Hartford and Stamford, CT; and Portland, ME.
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,
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.
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:
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.
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.