Hansen and Flaherty of Colliers International arrange 27,311 s/f lease to 480 Biomedical Inc.
480 Biomedical, Inc., a company focused on the development of a bioresorbable scaffold for treating occlusive disease in the superficial femoral artery, has recently renewed its lease for its 27,311 s/f laboratory facility at 480 Arsenal St.
Colliers International's suburban brokerage team of Tucker Hansen and Joe Flaherty represented 480 Biomedical in negotiations with the landlord, Alexandria Real Estate Equities, Inc.
480 Arsenal St. is a two-story, 141,000 s/f laboratory building. The property is located five miles from I-90, and is close to the Arsenal Mall.
Major tenants of the building include New England Sports Network, Selecta Pharmaceuticals, and Dicerna Pharmaceuticals.
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,
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.
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.
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.
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: