News: Front Section

Kent and Lynch of Jones Lang LaSalle sign Energy Services Group to 28,645 s/f at 141 Longwater Drive - Owned by Foxrock Properties

Jones Lang LaSalle completed a long-term lease of 28,645 s/f of first class office space to Energy Service Group (ESG) at 141 Longwater Dr. ESG will occupy part of the first floor in the 80,000 s/f office and medical office building in Assinippi Park. ESG was represented by Jones Lang LaSalle executive vice president Tom Kent and vice president Sean Lynch. The owner of 141 Longwater Dr. is Foxrock Properties The space will serve as ESG's new Massachusetts headquarters. Occupancy is scheduled for May. ESG is moving from 400 Hingham St. in Rockland. ESG provides flexible, scalable, end-to-end business process solutions for large and small retail energy suppliers and utilities. ESG's customized back-office solutions allow client's to streamline operations, maintain regulatory compliance and maximize profitability. The success of ESG's clients has in turn helped ESG achieve consistent growth since its launch in 1997. Today, ESG serves more than 100 retail energy suppliers and utilities in the US. They, in turn, market or deliver energy to millions.
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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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Columns and Thought Leadership
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.
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.

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: