NAI Mertz has arranged a 30,853 s/f lease of industrial space at 150 Mid Atlantic Pwy. Drew Inselman of NAI Mertz assisted in the long-term lease negotiations between Cobalt Industrial Partners, LP, the landlord, and VBX-Valvebody XPRESS, Inc., the tenant. According to Inselman, this will be an expansion for the company from 8,200 s/f of space in the area and it will also serve as the new corporate headquarters.
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,
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:
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.