Gatti of Greater Boston Commercial Properties represents Sunshine Farm in purchase of 6,041 s/f office building
Benjamin Gatti of Greater Boston Commercial Properties of Marlborough recently represented the seller, Sunshine Farms Realty, LLC in the sale of a 6,041 s/f office building at 206 Turnpike Rd. The 2.29 acre parcel is situated just off of Rte. 9 East. Approximately 2,300 s/f are tenanted by Schnabel Foundation who will stay on as a tenant. The buyer, Petroleum Processing Solutions, LLC, plans to relocate its company, Data Processing Solutions, which specializes in credit card processing, and occupy the vacant space.
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.