Kerrigan, Cook, Sullivan, Coelho and Whitney of Avison Young represent SFR Holdings LLC in 44,800 s/f lease
Avison Young has brokered a 44,800 s/f lease at 1550 Soldiers Field Rd. Avison Young principals Jack Kerrigan and Steve Cook along with Bill Sullivan, Mark Coelho and Colin Whitney represented the landlord, SFR Holdings LLC. Partner Robert Richards of Transwestern RBJ represented the tenant, EnVivo Pharmaceuticals.
Located along the Charles River, 1550 Soldiers Field Rd. is accessible via the Mass. Pike and Rte. 128. EnVivo Pharmaceuticals will benefit from a two-story building with a bright, open office space, a number of conference rooms, a large amphitheater meeting area, and employee kitchens on both floors. Nearby amenities include Starbucks, The Watertown Mall, Target, New Balance Factory Store, Staples and UPS.
"With the recent activity in Watertown including the purchase of the Arsenal on the Charles by athenahealth, Boylston Properties purchasing the Arsenal Mall, Murray Patkin buying 125 Walnut St. and Tufts Medical buying 64 Grove St., coupled with significant leasing activity, available Watertown options in this submarket are scarce. 1550 Soldier's Field Rd. was a terrific fit for EnVivo's immediate space needs," said Cook.
"Ownership is pleased that Avison Young's team was able to fully lease the building twice - once under a short-term lease to a movie studio and subsequently to the EnVivo lease with no down time. Having formerly run my company in this building, I am confident that EnVivo will enjoy their tenancy at this location", said owner Michael Kaufman of SFR Holdings.
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,
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.
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.
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.