News: Front Section
Posted: May 6, 2022
Mace and Grady of KeyPoint Partners handle 7,000 s/f lease to LocalWorks
Arlington, MA KeyPoint Partners (KPP) negotiated a lease with LocalWorks at 626 Massachusetts Ave. Vice presidents of leasing Don Mace and Rob Grady represented Cambridge Savings Bank in the transaction.
LocalWorks will occupy the entire 7,000 s/f space on the second floor of the building. 626 Mass. Ave. is located at the corner of Mass. Ave. and Pleasant St. The first floor contains a recently completed, Cambridge Savings Bank branch, with a drive-thru teller and ATM, and 2,825 s/f of available space. On-site parking is complemented by street and nearby public parking.
“LocalWorks is an excellent fit for this office space,” Mace said. “LocalWorks thrives in key suburban markets throughout the eastern U.S., and 626 Mass. Ave. is anticipated to be absorbed quickly.”
In more than 30 locations in seven states, LocalWorks provides workspace solutions for members seeking private, dedicated offices on a monthly basis.
Tags:
Front Section
MORE FROM Front Section
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,
.png)
Columns and Thought Leadership
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
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.
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.
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:
