News: Front Section

Kerrigan, Cook, Sullivan and Flanagan of Avison Young handle 3,659 s/f

Avison Young has brokered a 3,659 s/f office lease at Strawberry Hill Corporate Center, located at 289 Great Rd. Avison Young principals Jack Kerrigan and Steve Cook, along with Bill Sullivan and Anne Flanagan, a vice president and senior account manager, respectively, in the Boston office, represented the landlord, Campanelli. Tom Geagan, Jr. of Regional Consulting Group represented the tenant, Westchester Management. "As our firm expands, we are in need of a larger space that will accommodate our continued growth," said Michael Costa, director of development at Westchester Management. Campanelli is currently implementing a significant capital improvement program at Strawberry Hill Corporate Center that includes a fully renovated and modernized front entrance, a repaved parking lot, upgraded landscaping and exterior lighting, as well as a new energy management system. Tenants will enjoy new on-site amenities, including a fitness center, free Wi-Fi in common spaces, and a vending area. Construction management firm Campanelli Construction will implement the renovations. "Strawberry Hill was a great fit for Westchester Management, as the premises offer a diverse range of office suites and layouts," said Sullivan. "The nearby amenities and accessibility will be key factors as the firm continues to broaden its reach." Located on Rte. 2A, Strawberry Hill is located near Rte. 2, 495 and 128. The four-story building is landscaped, visible to Great Rd., and provides plenty of parking, along with a sunlit garden atrium. The property features a brick exterior and ribbon window facade with a sloped glass entrance atrium. Current building tenants include Geosyntec, Harsip & Stuart, Inc. and Global Television Network. Nearby amenities include Citizens Bank, Dunkin Donuts and the Acton Shopping Plaza, which contains Roche Bros, TJ Maxx, T.C. Lando's and Not Your Average Joe's.
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Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

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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.
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

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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

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