News: Front Section
Posted: June 18, 2021
Glaskin and Leppo of Coldwell Banker arrange $4.125 million sale
Brockton, MA Coldwell Banker Commercial represented the seller in the sale of a refrigerated manufacturing and distribution building located at 121 Liberty St. in Brockton, Mass. The transaction was valued at $4.125 million.
Todd Glaskin and Gregg Leppo, commercial real estate professionals with Coldwell Banker Commercial NRT, represented the seller in the transaction. The buyer intends to use the building for refrigerated and dry food distribution.
The I-1 zoned, one-story building, totaling 41,000 s/f and situated on 2.87 acres, was built in 1994 and has 16,000 s/f under refrigeration with four loading docks and 18 feet height clearance.
“Refrigerated manufacturing and distribution buildings for sale with existing, functioning food storage equipment present a unique value to potential buyers and investors within the food industry,” said Glaskin.
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)
Quick Hits
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:
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.
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.