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News: Front Section
Posted: April 14, 2011
Malone of Malone Commercial handles 16,355 s/f lease at Two Canal Plaza
According to Malone Commercial Brokers, Savings Bank of Maine leased 16,355 s/f at Two Canal Plaza for its retail branch and offices. Two Canal Plaza is one of three multi-story class A office buildings located in Canal Plaza at the corner of Middle and Union Sts. Cow Plaza 2 LLC is the landlord and East Brown Cow Management is the property manager. Joe Malone of Malone Commercial represented the landlord.
KB Inspection Services leased 3,000 s/f of office/warehouse at 220 Industrial Way. Robert E. Young Sr. is the landlord. David Caron of Malone Commercial and Craig Young of CBRE/The Boulos Co. co-brokered the transaction.
Also, Phenix Titles Services LLC will relocate their offices to 119 Middle St. at the historic Thompson Block. 123 LLC is the landlord and East Brown Cow Management is the property manager. Peter Harrington and John Doyon, CCIM of Malone Commercial handled the transaction.
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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:
