News: Front Section

Hawkins and Connolly of CBRE/New England arrange 10,470 s/f lease to VNA Care Network

On behalf of Symes, a leader in residential and commercial development, construction and property management, CBRE/New England completed a new lease at 199 Rosewood Dr. located within Northwoods Business Park. VNA Care Network, a nonprofit created by some of the oldest home healthcare and hospice agencies in Massachusetts, will occupy 10,470 s/f at the building in July. CBRE/NE's Kerry Olson Hawkins, first vice president, and David Connolly, senior vice president/partner, represented the landlord. Mohr Partners' Glenn Rhuda represented the tenant. "199 Rosewood Dr. has many excellent qualities that appeal to a wide variety of users," said Hawkins. "The property's setting within one of the North Shore's most prominent office parks, coupled with its convenient location at the junction of Rtes. 114, 1 and I-95, makes 199 Rosewood Dr. a very attractive option in this submarket. We are thrilled that VNA Care Network has decided to bring their operations to Northwoods Business Park." Situated within Northwoods Business Park, 199 Rosewood Dr. features an attractive park setting, immediate access to major roadways, and proximity to numerous restaurants, hotels and retail amenities. Space features include efficient floor plates, high ceiling heights and extensive window lines. 199 Rosewood Dr. is undergoing a major capital improvement program, including a new HVAC system, an upscale lounge and lobby renovations, updated restrooms, landscaping improvements and a new on-site fitness area with showers and lockers. Corporate neighbors include MetLife, Copyright Clearance Center, RBC Financial Group and Janney Montgomery Scott.
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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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Columns and Thought Leadership
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:
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.
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.