News: Front Section

Kelleher and Matt of Kelleher & Sadowsky Associates, Inc. handle $2.5 million sale

AllCare Plus Pharmacy, Inc., recently purchased 50 Bearfoot Rd. for $2.5 million, according to William Kelleher IV, principal, of brokerage firm Kelleher & Sadowsky Associates, Inc. The 8.54 acre site, is improved with a well maintained 60,597 s/f flex building is currently 37% leased to SolmeteX, a "green tech" that specializes in water chemistry, hazardous materials and recycling. Kelleher and Paul Matt, vice president, of Kelleher & Sadowsky Associates, Inc. represented the buyer, AllCare Plus in the transaction. The seller, Bearfoot Realty, Inc. was represented by Matthew Morgan at Cushman & Wakefield. AllCare Pharmacy, Inc. intends on renovating a significant portion of the building and relocating its headquarters from Worcester. AllCare Plus Pharmacy is a premier specialty pharmacy that provides a full range of pharmacy services, while specializing in complex medication management. AllCare Plus Pharmacy combines caring, personalized service with exceptional clinical knowledge and innovative compliance programs while making the treatment of difficult diseases as simple, safe, and effective as possible. AllCare Plus Pharmacy helps patients with the management of various disease states and is pioneer in bringing together the benefits of managed care services, mail order and specialty pharmacy care.
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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.

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.
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.