 (2).jpg)
News: Front Section
Posted: June 4, 2021
Glaskin of Coldwell Banker Commercial handles $1.8m sale
Framingham, MA Coldwell Banker Commercial represented the seller in the sale of an industrial warehouse building located at 105 Irving St. The transaction was valued at $1.8 million.
Todd Glaskin, Coldwell Banker Commercial NRT represented the seller in the transaction.
The two-story building, totaling 25,345 s/f, was built in 1925 and contains 28 feet in height clearance, office space, surface parking, multiple drive-in doors, and enough parking spaces for 20 automobiles spread over two separate parcels totaling 35,567 s/f.
“Through our international marketing platform, we attracted competitive interest from owner-users, investors and developers. Warehouses and other types of industrial properties for purchase continue to be in demand for either business use or redevelopment. This downtown Framingham property lies within a federally designated Qualified Opportunity Zone and walking distance of several mixed-use and residential developments that are currently underway,” 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,
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:
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.
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.
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.
