Hughes of New Dover Associates, Inc. and Bradley of Northeast Select Properties, LLC broker $2.3 million sale
Scott Hughes, president of New Dover Associates, Inc. and Stephen Bradley, managing director of Northeast Select Properties, LLC (NESP) represented the seller, Erie Drive Realty Trust II, and procured the buyer, Erie Drive Realty, LLC, in the sale of 9-11-13 Erie Dr. for the purchase price of $2.3 million.
9-11-13 Erie Drive, located in the East Natick Business Park, is a quality single story 13,419 s/f office/flex building situated on 1.5 acres. The building is fully leased to iXBlue, Inc. and The Leukemia & Lymphoma Society.
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,
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.
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:
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.
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.