News: Front Section

JHR Development, LLC receives the Business of the Year Award from Southern Midcoast Maine Chamber of Commerce

JHR Development, LLC, with over 350,000 s/f of developed space in the region, was honored by the Southern Midcoast Maine Chamber of Commerce with their Business of the Year Award. The Chamber, which serves more than 600 area businesses in 16 communities, chose JHR based on rigorous criteria. JHR became part of the local business landscape in 2007 as Brunswick, Maine's "real estate developer of choice" for Brunswick Station, a 5-acre, mixed-use development on Amtrak's Downeaster line. The multimodal project, adjacent to Bowdoin College, created momentum that has led JHR to develop the 52-room Brunswick Hotel & Tavern, a 200,000 s/f property that is home to Paradigm Windows and AdvancePierre Foods, and a 36,000 s/f renovation of a former naval commissary in Topsham recently sold to Wicked Joe Coffee. Presently, JHR is building a medical center for Mid Coast Hospital in Bath, Maine. In Massa., JHR won an RFP bid to work with Northshore Education Consortium of Beverly to redevelop a 35,000 s/f school for children and adolescents with special needs. The school is slated to open this summer.
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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,
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Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

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:
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

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.

Make PR pop by highlighting unique angles - by Stanley Hurwitz

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.
Four tips for a smooth 1031 Exchange - by Bill Lopriore

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.