Klemmer Associates, LLC brokers three leases at Cherry Hill Corporate Center totalling 67,082 s/f
Klemmer Associates, LLC has recently negotiated several leases, renewals and expansions on behalf of Brookwood Management Partners, LLC, an affiliate of Brookwood Financial Partners, L.P., as the exclusive leasing agent for the Cherry Hill Corporate Center. Medtronics Interventional Vascular, Inc. renewed 29,263 s/f at 35 Cherry Hill Dr. Amphenol PCD, Inc., represented by CB Richard Ellis renewed 22,318 s/f and leased an additional 12,000 s/f for a total of 34,318 s/f at 72 Cherry Hill Dr. American Renal Associates, LLC, represented by Cushman & Wakefield expanded by 2,320 s/f at 66 Cherry Hill Dr. and in addition, Ambrose Environmental Management renewed 1,181 s/f at 5 Cherry Hill Dr.
"Cherry Hill has proven to be one of the premier parks on the North Shore and Brookwood is a major reason behind the success. Tenants enjoy the park and the buildings and want to remain," says Greg Klemmer, SIOR, Klemmer Associates.
Cherry Hill Corporate Center is an ideal combination of high quality cost effective office, flex and R&D buildings located in a scenic campus setting with ample parking, stable ownership and on-site property management.
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,
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.
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.
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: