Gatti of Greater Boston Commercial Properties leases 7,289 s/f of office space on Route 9 to four tenants
Benjamin Gatti of Greater Boston Commercial Properties (GBCP) recently brokered four new office leases totaling 7,289 s/f along Rte. 9 between Wellesley and Westborough.
Despite high vacancy rates in the area GBCP continues to procure new tenants and provide a competitive edge to office landlords looking to rent space in a difficult market.
Hiperos, LLC, a computer software company that provides "Software as a Service" solutions to simplify the complexity of 3rd party management, has leased 2,704 s/f on the second floor of 176 East Main St. This office condominium building is located at the intersection of Rte. 9 and Rte. 30 in Westborough. The landlord East Point Crossing, LLC was represented by GBCP.
In a second office transaction by Gatti, Disruptor Beam leased 2,523 s/f of space on the second floor at 161 Worcester Rd. in Framingham from The Meadows, LLC. Disruptor Beam is a computer game programmer that has produced Game of Thrones among other PC games.
Gatti also handled a 1,275 s/f office lease to Integrity Tax and Business Partners at 28 Washington St. in Wellesley and a 778 s/f office lease to Stellar Apparel at 57 East Main St. in Westborough.
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,
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.
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.