Holmes, Johnston and Bartholomew of R.W. Holmes Realty Co., Inc. broker 23,035 s/f in two leases
R.W. Holmes Realty Co., Inc. recently completed the leasing of 23,035 s/f at 33 Boston Post Rd. to two tenants. Environmental Chemical Corp. expanded and renewed in 18,231 s/f and East Coast Cad/Cam leased 4,804 s/f on the 6th floor. In both transactions, the R. W. Holmes team of Garry Holmes, Craig Johnston, and Jim Bartholomew represented the landlord, KS Partners. Environmental Chemical Corp. was represented by Hank Amabile and John Coakley of Grubb & Ellis, East Coast Cad/Cam was represented by Phil Desimone of Jones Lang LaSalle.
"These transactions represent a tremendous amount of collaboration between all parties involved and is a great way to kick off our leasing campaign at our most recent acquisition," said Chris Devaux senior vice president of asset management for KS Partners. "It is a Class A facility, that attracts new companies like East Coast Cad/Cam. Additionally, we were able to accommodate Environmental Chemical Corporation by extending their term, giving them more space, and providing them very attractive lease rates."
33 Boston Post Road is a first class 113,600 s/f office building located less than one mile from I-495 and the Mass. Pike. KS Partners purchased the building just over a month ago. They currently own more than 2.1 million s/f of real estate in the northeast.
About R.W. Holmes Realty
Since 1976 R.W. Holmes Realty has assisted corporations and investor/developers with their local, national, and international real estate needs. R.W. Holmes specializes in property leasing, investment sales, tenant representation, consulting and asset management.
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,
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:
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.
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.