News: Front Section
Posted: May 27, 2022
Maine Realty Advisors facilitates two sales and hires Chappell as vice president
Portland, ME Maine Realty Advisors (MRA) has completed the following deals.
• 306-308 Water St., Gardiner, ME, a 1,375 s/f retail building, sold to Odin and Winstop Properties LLC, Bryce Coffin, and Sean Perry by Cynthia Malcolm for $71,400. Ben Spencer of Maine Realty Advisors facilitated this transaction.
• 1 Varrell Ln., Unit 18, York Harbor, ME, a 1,009 s/f office space, sold to Karen Harman, Psy. D., LLC by JP Art LLC for $230,000. Ryan Carey of Maine Realty Advisors and David Choates of Colliers International facilitated the transaction.
In addition Maine Realty Advisors has hired Asher Chappell, as vice president. Chappell joins Maine Realty Advisors’ brokerage team with over 20 years of experience in sales and operations. Prior to joining MRA, he co-founded Unified Parking Partners (UPP), a full-service parking management and leasing company, and served as its chief operating officer from 2013-2020.
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,
Columns and Thought Leadership
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
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.
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: