Jacobs and Brasington of Glickman Kovago & Co. handle $2.76 million in sales
28 Worcester Rd., a 8-year-old Citgo gas station/convenience store with Dunkin Donuts sold to HTK2, LLC, for $2.6 million.
Seller owns Ted's Package Store and is in the process of re-developing an entire town block. Construction began and will culminate with new 13,000 s/f liquor/convenience store with brand name fruit and produce tenant and retail pad site. Existing store will remain open through construction. Grand opening slated for November. Mike Jacobs, principal of Glickman Kovago & Co., represented all parties.
Also, Gustafson Plumbers, Inc. purchased the property located at 111 McKeon Rd. in Worcester from Ted Beriau. The 5,300 s/f building well located just off Rte. 146. The property sold for $160,000.
David Brasington of Glickman Kovago & Co. represented the owner, and Mary Tavolieri of Coldwell Banker in Shrewsbury represented the buyer.
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: