News: Front Section

Harrington & Company finalize $3.1 million sale of 70,000 s/f industrial manufacturing building

1466 Curran Memorial Highway - North Adams, MA

North Adams, MA Harrington & Company completed the sale of 1466 Curran Memorial Hwy., to Temescal Wellness of Mass. 1466 Curran Memorial Hyw. is a 70,000 s/f, industrial manufacturing facility on 9.65 acres.

Ted Rebholz, CEO of Temescal said, “This property is a game changer for Temescal in Massachusetts,” they intend to significantly renovate the property for the indoor cultivation and packaging of cannabis products.

Michael Harrington of Harrington & Co. represented Temescal Wellness in securing the property. The property was previously home to Crane Stationery and was purchased for $3.1 million. The seller was represented by Cushman & Wakefield and Bishop West Real Estate.

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
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.