McDonough/Williams leases 13,924 s/f; Cole of 73 Realty assists
John McDonough of GVA Williams represented Marketplace Rewards in their 13,924 s/f sublease from Adobe Systems at 275 Grove St. Marketplace Rewards subleased the space for three years. The subland-lord was represented by Mark Cole of 73 Realty Advisors.
Marketplace Rewards focused on 275 Grove St. for the amount of amenities, including access to public transportation, covered parking, in-building fitness facilities, and a full service café. Another important consideration was the access to Rte. 128 and the Mass. Pike and the size of the building.
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,
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.
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:
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.