News: Front Section

JLL's Thompson and Richardson handle 40,000 s/f office lease

Energi Insurance Services, Inc. has leased an additional 40,000 s/f of first class office space at 10 Centennial Dr. in Centennial Park. The renewal and expansion space on the second floor will continue to serve as Energi's world headquarters. JLL managing director Tamie Thompson and senior vice president Peter Richardson negotiated on behalf of the tenant. Torin Taylor, executive director at Cushman & Wakefield, represented the building owner CHB Properties, Inc. "With this renewal and expansion, Energi is well positioned for the future," said Patricia Boudrot, senior vice president operations, Energi, Inc. "We are delighted to continue our partnership with CHB Properties. They are a committed, attentive, and long-term owner of the building. JLL provided us with multiple options in the marketplace. Renewing and expanding here at Centennial Park is clearly our best option." "JLL is proud to work on behalf of Energi," said Richardson. "This is a time of exponential growth for the company who will be hiring over 200 people in Peabody. We are happy to be a strategic partner in their real estate planning. The building serves them well with its large floor plates, abundant parking and amenities. It provides the perfect environment for collaboration, and is an expression of their corporate culture." Located just off Rte. 128 near the Rte. 1 interchange, 10 Centennial Dr. is located at prestigious Centennial Park, a 307-acre business campus which has highway access, directly off Exit 28 at the junction of Rte. 128 and I-95 just two minutes from Rte. 1. Numerous industrial leaders call Centennial Park home including: Boston Children's Hospital, Analogic, Converge, Cardinal Health, Fresinius Medical Care, The Musculoskeletal Center, and Thermo Fisher Scientific.
MORE FROM Front Section

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,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
Columns and Thought Leadership
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:
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.
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.

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.