McEvoy of Conrad Group sells 210,000 s/f office/whse. for $4.2m to Atlantic Mgmt.
Atlantic Management Corp. has recently purchased 275 Bodwell St. from Apex, Inc. The property, located off Rte. 24 in the Avon Industrial Park, consists of a 210,000 s/f high bay office/warehouse facility on 11.42 acres.
James McEvoy, senior vice president of The Conrad Group, represented the buyer while the seller was represented by Dan McLaughlin of McLaughlin & Company. According to the Norfolk County Registry of Deeds, the sale price was $4.2 million.
The building is 60% leased to Giltspur, Inc., a division of Viad Corp. The Conrad Group has been retained by Atlantic Management as the exclusive leasing agent for the remaining space in 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,
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.
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.
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: