Mayrand of Kelleher & Sadowsky brokers $870,000 sale for K.L. Realty
Matthew Mayrand of Kelleher & Sadowsky Associates, Inc., recently brokered the sale of 805 Grafton St. The transaction closed January 28th. The seller Barclay Henderson sold the 6,000 s/f building to K.L. Realty Trust for $870,000. The building was previously leased to Hollywood Video who vacated the building in late 2008.
K.L. Realty Trust plans to renovate the building and open Q Smile Dental. Q Smile Dental will be a modern facility with ten operatories. They plan to open this summer. This will be the owner's third location, with offices in Worcester and Fitchburg.
Mayrand procured the buyer, K.L. Realty Trust, and Joyce O'Connor, Joyce O'Connor Real Estate represented the seller.
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,
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:
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.
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.
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.