News: Front Section

Leitner and Lowe of Cresa Boston arrange 15,247 s/f lease for AKF Group

Brandon Leitner and Rick Lowe of Cresa Boston represented AKF Group in a 15,247 s/f office lease at 99 Bedford St. in downtown. Presently occupying 7,820 s/f at 41 Farnsworth St. in the city's Innovation District, AKF is targeting spring 2014 as a move-in date to the five-story, 84,000 s/f standalone office building, where it will occupy the entire second floor. Barry Dubé and Kari Panutich of Cresa's project management group will oversee and manage the construction and relocation to the building. The landlord, Plymouth Rock Assurance, was represented by Ted Wheatley, Dan Cavanaugh, and Brad McGill at Jones Lang LaSalle. According to Leitner, Brian Mulkerrin, PE, Managing Partner of AKF Boston, AKF views 99 Bedford Street as the perfect building and location for expanding its operations in Boston. Cresa LLC, the nation's largest corporate real estate advisory firm exclusively representing tenants, is headquartered in Boston. Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services. With almost 60 offices, Cresa is one of the largest tenant representation firms in North America.
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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.

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.
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: