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KS Partners signs Richelieu Foods to 8,018 s/f at Forbes Business Center

Cushman & Wakefield completed an 8,018 s/f lease at Forbes Business Center. Cushman & Wakefield's Stephen Woelfel Jr. and Michael Frisoli, represented the tenant, Richelieu Foods. The landlord, KS Partners, was represented separately by Cushman & Wakefield's Peter Whoriskey and J.R. McDonald. The new lease enables Richelieu Foods to relocate from its existing headquarters facility in Randolph, Mass. Comprised of four buildings totaling 224,000 s/f, Forbes Business Center is a newly renovated office facility with planned first-floor boutique retail, across from South Shore Plaza. Offering a suburban environment, the park offers highway access and visibility along Rte. 128/I-93 with shuttle bus access to the John Quincy Adams MBTA station. Richelieu Foods is a mid-size private label and contract packaging food company. Widely known in the food and supermarket industry for its array of private label products, Richelieu is comprised of three principal business segments: Retail Frozen Pizza, Retail Dressings and Sauces, and Foodservice Dressings and Sauces. KS Partners, LLC, a real estate investment & development company, owns and operates commercial property in the northeastern United States, with offices in New York and Massachusetts, the KS Partners' approach is to utilize the vast real estate experience of its management team in developing, operating, and maintaining properties while leveraging local knowledge and relationships to help create value in all of its investments.
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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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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.
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

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.