News: Front Section
Posted: August 28, 2014
Greenstein of CBRE | The Boulos Company completes $8 million sale
Buckstar, LLC has sold The Boyd Block and Four Canal Plaza, according to Dan Greenstein, broker, partner of CBRE | The Boulos Company, who represented the purchaser. The property consists of three adjacent buildings and includes over 68,000 s/f of office and retail tenants.
Located at the corner of Exchange and Middle Sts. in the city's Old Port, the property is considered to be the epicenter of the city's commercial district.
Retail tenants at the property include national chain stores such as Starbucks, Urban Outfitters and Stonewall Kitchen.
The sale price was $8 million and the property was purchased by Middle Street Holdings, LLC, a New York investment entity, as part of a 1031 tax-deferred exchange.
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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:
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.