News: Front Section
Posted: September 8, 2017
Geenty of The Geenty Group handles 4,000 s/f lease
North Branford, CT Kevin Geenty SIOR, of The Geenty Group, Realtors, was the sole agent for a lease of 4,000 s/f at 21 Commerce Dr. The tenant is Research & Design Innovations, LLC (RDI), Don Allen is the president. RDI manufactures and distributes specialty parts for the recreational boating industry. RDI will use the space as an overflow warehousing facility. The landlord is W. E. Hitchcock, LLC. The space is a warehouse facility with 20’ clear ceiling heights, a truck dock, and an at-grade drive-in truck door.
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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,
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Columns and Thought Leadership
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.
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.
