News: Front Section
Posted: September 30, 2022
Holmes and Blackey of R.W. Holmes complete 6,168 s/f lease
Newton, MA R.W. Holmes negotiated a new office lease of 6,168 s/f to Industrial Video & Control.
Industrial Video & Control, a manufacturer of rugged IP cameras and video management software for industrial, commercial, and military applications, leased space from Legacy Real Estate Ventures at 189 Wells Ave. R. W. Holmes director of corporate services Elizabeth Holmes and managing director Dean Blackey represented Industrial Video & Control in the transaction. Newmark represented Legacy Real Estate Ventures.
“We’re pleased to have quickly found a great new headquarters for Industrial Video & Control,” said Holmes. “Our client needed to relocate due to the building’s conversion to lab space, and we appreciate IV&C trusting us as their advisor to make quick and creative decisions to get them into a new space that fits their current and future needs.”
“Legacy Real Estate Ventures was great to work with, and we were able to close the deal pretty quickly,” said Blackey.
Tags:
Front Section
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,
Quick Hits
.png)
Columns and Thought Leadership
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
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
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
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.
