News: Front Section

McFarland and Twombly of Avison Young arrange lease to ICON architecture, inc.

Avison Young has brokered an office lease at 101 Summer St. The Avison Young team led by principal Karyn McFarland and vice president Matt Twombly represented the tenant, ICON architecture, inc. There was no landlord representation. ICON architecture, inc., a women-owned firm with 35 staff, provides award-winning work focused on sustainable urban development, housing, and education architecture. Their housing projects create new paradigms for city living ranging from infill transit-oriented development to innovative adaptive reuse. The projects mix uses—high-end market housing with workforce/affordable units, artist live/work communities with retail and office incubator environments, and collegiate facilities engaging their neighborhood edges. "A creative company like ICON architecture, inc. needed a specific type of collaborative space and we were glad to work with them to meet that need," said McFarland. 101 Summer St. is a 5-story, class B office building with ground floor retail located in Downtown Crossing. The building is 100% leased.
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,
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How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

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.

Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

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:
Four tips for a smooth 1031 Exchange - by Bill Lopriore

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.
Make PR pop by highlighting unique angles - by Stanley Hurwitz

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.