Hughes of New Dover Associates, Inc. brokers $4.95 million sale - Galvani and Parsons of Parsons Commercial Group, Inc. represented the seller
Scott Hughes, president of New Dover Associates, Inc., represented the buyer, The Christa McAuliffe Regional Charter Public School, in the school's purchase of 135-139 Newbury St. for the purchase price of $4.95 million.
Victor Galvani and Jake Parsons, vice presidents of Parsons Commercial Group, Inc. represented the seller, Framingham Newbury 135 CPI, LLC, an affiliated entity of Calare Properties, Inc.
135-139 Newbury St. (aka Newbury Park) is comprised of two single story office/flex buildings and one warehouse building totaling 45,313 s/f on 4.21 acres.
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.
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.
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.