News: Front Section

Hanna and Campbell of Cassidy Turley complete 29,311 s/f lease

Cassidy Turley FHO completed a 29,311s/f lease on behalf of Virgin HealthMiles at 492 Old Connecticut Path. The existing corporate headquarters facility at 139 Newbury St., will be relocated to Framingham Corporate Center and will expand the firm's Bay State footprint to close to 20,000 s/f. The company, which provides employers with programs and technologies that engage employees in healthy behavior change, will accommodate its strong growth at its new headquarters at 492 Old Connecticut Path. Senior managing directors, principals Kevin Hanna and David Campbell of Cassidy Turley FHO represented Virgin. Bob McGuire, senior vice president and partner at CB Richard Ellis/N.E. represented the landlord. "We were pleased to work with a company that is focused on engaging businesses and their employees in improving their health," said Hanna. "With a new Framingham location, Virgin HealthMiles can continue to grow and deliver solutions that meet the needs of health-conscious businesses." "It's been a landmark year for Virgin HealthMiles. We've introduced a range of new products and services that help employers drive greater value from their health and wellness strategies, and we've seen rapid adoption by employers across a variety of industry sectors," said Derek Ransom, chief financial officer of Virgin HealthMiles. "Expanding into our new Framingham office will enable us to continue to deliver market-leading solutions that engage employees at unprecedented rates and help employers measurably address key business challenges."
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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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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:
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.