News: Front Section
Posted: October 27, 2011
Hughes of New Dover Associates represents Green Brick Development in $3 million purchase
Scott Hughes, president of New Dover Associates, Inc. and Richard Diamond, president and Steven Kelley, vice president of The Diamond Group co-brokered the sale of 1 H.F. Browns Way for the purchase price of $3 million. 1 H.F. Browns Way is a single story, fully air conditioned flex/office building totaling 31,449 s/f on 5.1 acres.
1 H. F. Browns Way is located near Rtes. 9, 135, 126, 27 and the Mass.Tpke. (I-90). The Natick Mall and Shoppers World are less than three miles from the property. It is located near public transportation, commuter rail and retail shops.
New Dover represented the buyer, Green Brick Development, LLC and The Diamond Group represented the seller, NEICO Realty Trust. Green Brick Dev. has appointed New Dover as 1 H.F. Browns Way's new exclusive leasing agent.
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
Columns and Thought Leadership
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.
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.
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:
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.