Hynes and Fahey of DTZ FHO Partners complete 27,638 s/f lease
According to DTZ FHO Partners, Lee Munder Capital Group L.P. has renewed its lease for 27,638 s/f of office space at 200 Clarendon St.
Barry Hynes and Rick Fahey, partners of DTZ FHO, represented Lee Munder while David Martel, executive VP of Cushman & Wakefield, represented the landlord.
According to Ken Swan, president of Lee Munder, "In working with DTZ FHO we were able to lock in our real estate costs for the foreseeable future, putting a critical issue behind us so we can focus on helping our clients.
Hynes said, "Tenants today are looking for quality and value. Lee Munder is no different. We are confident that Lee Munder's tenancy is a perfect fit for the building and the company's long term goals."
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,
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.
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.
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: