Jones Lang LaSalle reps Iron Mountain in 129,000 s/f lease at One Federal St.
Representatives from Jones Lang LaSalle and Iron Mountain stand outside One Federal St., where the information storage and management company recently signed an 11-year lease for more than 129,000 s/f to relocate its corporate headquarters. One of the largest leases in the city in 2012, it will take effect in July and includes first class office space across the fifth, sixth and seventh floors in the 38-story tower.
Representing Iron Mountain in the transaction were Jones Lang LaSalle managing director Alex Dauria, senior vice president Brad McGill, and senior vice president and national director Sherie Heywood.
The landlord of One Federal St. is Tishman Speyer.
Shown (from left) are: Alex Dauria; Iron Mountain senior vice president of global real estate, Sarah Abrams; Iron Mountain director of real estate Americas, Robert Schneiders; Brad McGill; and Sherie Heywood.
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.
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:
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.