News: Front Section

Grubb & Ellis handles 54,000 s/f in leases for Newton Wellesley Executive Office Park LLC

According to Grubb & Ellis Company, more than 54,000 s/f of space has been leased at Newton Wellesley Executive Office Park. The landlord, Newton Wellesley Executive Office Park LLC, hired Grubb & Ellis as leasing agent for the four-building campus in November 2010. "Grubb & Ellis has done an impressive job of attracting a cross-section of companies to the property in a challenging economic market," said Douglas Waybright, president of Nelson Cos. "The leasing success at the office park to date validates our goal of creating the best possible working environment for our customers by offering unsurpassed management and amenities." Newton Wellesley Executive Office Park is a 129,000 s/f, four-building office park located off Rte. 128 near the Mass. Tpke. The office park offers tenants access to downtown Boston and nearby amenities, including restaurants, cafés, banking and golf courses, as well as views of the Charles River. There is currently space remaining available for lease at 40 Walnut St,, which is a four-story, 32,758 s/f office building. The 40 Walnut St. property is currently undergoing a complete lobby and common area renovation.
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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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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.

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.
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.
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: