News: Front Section
Posted: November 24, 2023
Geenty Group brokers 21,800 s/f office/industrial lease to TeraDAR
Guilford, CT The Geenty Group, Realtors negotiated a 10-year lease of 21,800 s/f of office/industrial space at 1 Shoreline Dr. to TeraDAR, Inc.
Matthew Carey is the president of TeraDAR, which will use the space for the assembly and testing of specialty items for motor vehicle safety and R&D.
The landlord is Russo Real Estate, LLC. The space has 27 ft. ceilings with two truck docks and two drive-in doors.
Kevin Geenty, SIOR and president of The Geenty Group was the sole broker.
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,
Quick Hits
.png)
Columns and Thought Leadership
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.
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:
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.
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.
