Joint venture between UrbanMeritage, Taurus Invest. and Anglo Irish Bank purchase 899 Bolyston for $9.65 million
A joint venture between UrbanMeritage LLC, Taurus Investment Holdings and Anglo Irish Bank Corp. acquired 899 Boylston St. in Boston from Gubbins/McMahon Boylston St. LP for $9.65 million, or about $593 per s/f.
The three-story, class C, 16,258 s/f office building was constructed in 1920 and renovated in September 2000. The property is on 0.1 acres in the Back Bay submarket.
Robert Griffin, Geoffrey Millerd and Mike d'Hemecourt of Cushman & Wakefield Inc. represented the seller. The buyer was self-represented.
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,
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.
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.
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: