News: Front Section

Halloran, Rizzo and Hannigan of NAI Hunneman lease 23,000 s/f

Quincy, MA According to NAI Hunneman, senior vice presidents Ned Halloran and Leeanne Rizzo, along with associate Sean Hannigan represented New Era Technology (including subsidiary FTG Technologies) in a lease expansion and extension totaling 23,000 s/f lease at 2 Batterymarch Park. 2 Batterymarch Park landlord NFPA was represented by CBRE.

Ned Halloran, NAI Hunneman

 

Leeanne Rizzo, NAI Hunneman

 

Sean Hannigan, NAI Hunneman

 

“New Era was experiencing significant growth and in need of expansion space in the midst of its lease term. Our team was tasked with securing additional space that they could move into quickly with minimal disruption to their day-to-day operations,” said Rizzo. “After evaluating the options in the market, we were able to identify an opportunity for New Era to Expand into 9,300 s/f of adjacent space giving them the ability to occupy the entire floor. The solution at 2 Batterymarch Park addresses New Era’s short- and long-term needs, and we’re happy to reach an agreement with ownership that works for both parties.”

New Era Technology works with customers as a trusted technology adviser. We help customers work faster, smarter and more securely in a rapidly changing digital world. More than 4,500 customers worldwide rely on collaboration, cloud, data networking, security, and managed service solutions from New Era to accelerate time to market, speed innovation, increase productivity, and create better learning experiences. Headquartered in New York City, New Era has offices around the globe, including in the United States, the United Kingdom, Australia, and New Zealand. 

Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a partner of NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 7,000 professionals and 400 offices throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets.

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,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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: