 (2).jpg)
News: Front Section
Posted: July 30, 2021
Galvani and Parsons of SVN | Parsons negotiate 22,000 s/f lease for SRS Distribution, Inc.
North Attleborough, MA SVN | Parsons Commercial Group | Boston has completed a 22,000 s/f lease at 76 George Leven Dr. for SRS Distribution, Inc.
Victor Galvani, the vice president of investment sales for SVN | Parsons, represented the tenant, SRS Distribution, Inc., and senior advisor Jake Parsons, also of SVN | Parsons, represented the landlord, 76 George Leven LLC.
The new location re?ects SRS Distribution’s focus on expanding the company’s footprint across the country.
“We are pleased to assist SRS Distribution Inc. with their ever-growing footprint in New England. This new location will allow them to better service the southeastern Massachusetts and Rhode Island markets,” said Galvani.
76 George Leven Dr. is located off Rte. 152 and is three miles from interchange of I-495 and Rte. 1.
Founded in 2008 and headquartered in McKinney, TX, SRS Distribution has grown to become one of the largest and fastest-growing building products distributors in the United States.
Since their inception, they have established a differentiated growth strategy and entrepreneurial culture that is focused on serving their customers, partnering with suppliers, and attracting the industry’s best talent.
SRS Distribution currently operates under a family of distinct local brands encompassing more than 440 locations across 45 states. SRS Distribution is a portfolio company of Leonard Green & Partners, L.P. and Berkshire Partners LLC.
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,
.png)
Columns and Thought Leadership
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
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
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.
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:
