News: Front Section

Grubb & Ellis complete 4 leases totaling 74,725 s/f

Grubb & Ellis Co. (G&E) recently completed the following transactions: *Waltham River's Edge, LLC, leased 29,906 s/f of industrial space at 594 Pleasant St., in Watertown from American Venture 594 Corp. Thomas Aitken of G&E represented the lessor in the transaction. John Nealon of WJ Nealon Commercial Realty, Inc. represented the lessee. *Randstad Professionals US, LP, extended its lease of 23,437 s/f of class A office space at 10 Presidential Way in Woburn from American Tower Corporation. Jack Kerrigan and Steve Cook of G&E represented the lessor in the transaction. Ron Perry and Roger Breslin of Colliers Meredith & Grew represented the lessee. *MicroTek renewed its lease of 11,436 square feet of Class A office space at 25 Mall Road in Burlington from Equity Office Properties Trust. Steve Cook of G&E represented the lessee in the transaction. Ron Friedman of Richards Barry Joyce & Partners represented the lessor. *Kadant, Inc. extended its lease of 9,946 s/f of class A office space at One Technology Park Dr. in Westford from The Gutierrez Co. Kerrigan and Cook facilitated the transaction on behalf of both parties. About Grubb & Ellis Company Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,500 professionals in more than 100 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm's transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com
MORE FROM Front Section
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,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Four tips for a smooth 1031 Exchange - by Bill Lopriore

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

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.

Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

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

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.