News: Front Section

Holmes, Johnston and Wyant of R.W. Holmes assist in leases totaling 140,089 s/f

R.W. Holmes Realty has completed four leases for BJ's Wholesale Club in the Natick Business Park. BJ's renewed their leases for 4,000 s/f at 4 Strathmore Road, 20,000 s/f at 5 Strathmore Rd., and 16,900 s/f at 27 Strathmore Rd. BJ's also leased 21 Strathmore Road, (15,500 s/f) for expansion space. Headquartered in Natick BJ's Wholesale Club, Inc. is a leading operator of membership warehouse clubs in the eastern United States. Garry Holmes, SIOR of R.W. Holmes represented BJ's in the transactions. John Lashar and Paul Leone of Richards Barry Joyce & Partners represented MARIC, Inc., the owner of 21 Strathmore Rd. The MathWorks, Inc. has leased 44,000 s/f of expansion space at One Apple Hill and 22,032 s/f for expansion at Cochituate Place, 24 Prime Parkway. MathWorks will occupy the entire fifth floor at Cochituate Place. MathWorks is a leading developer of technical computing and model based design software for engineers and scientists in industry, government, and education worldwide. Craig Johnston of R.W. Holmes represented Atlantic Philadelphia Realty, owner of One Apple Hill and LMF Cochituate Corp, owner of Cochituate Place. Holmes represented MathWorks. R.W. Holmes has negotiated three leases on behalf of Firmin Ave. Joint Venture LLC at 2 Willow St. in Southborough. The leases, signed with UpdateLogic, ViryaNet and Trigent Software, total 17,657s/f. UpdateLogic signed a new lease for 3,800 s/f and was represented by Bob McGuire of CBRE. ViryaNet signed a lease renewal for 10,007 s/f. ViryaNet was represented by R.W. Holmes. Trigent Software signed a new lease for 3,850 s/f and will relocate their corporate headquarters to 2 Willow St. from 1 Apple Hill in Natick.  Trigent Software was represented by Robert Bryne of RBJ.     Firmin Avenue Joint Venture LLC was represented in the UpdateLogic, ViryaNet and Trigent Software transactions by Holmes and Scott Wyant of R.W. Holmes.
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.
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.

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: