Jaffe of Eastport Real Estate represents Legacy Real Estate Ventures in 3,462 s/f lease
Legacy Real Estate Ventures, owner of 600 Clark Rd., a 35,000 s/f medical building at the intersection of Rte. 495 and Rte. 38, recently completed a long term 3,462 s/f lease for the relocation of Nephrology Associates of the Merrimack Valley, who will be moving from 33 Bartlett St. in Lowell later this summer. The tenant takes over an existing medical suite.
Legacy was represented by Mike Jaffe of Eastport Real Estate, the tenant was represented by Fred Faust of The Edge Group. The building is now 94% occupied.
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: