News: Front Section

McFarland and Twombly of Avison Young broker 3,351 s/f lease at 239 Causeway

Avison Young has brokered a 3,351 s/f lease at 239Causeway St. Avison Young brokers Karyn McFarland and Matt Twombly represented the landlord, Beverly-Boston, LP. Carolyn Molloy, associate at Lincoln Property Co., represented the tenant, Prometric Inc. 239 Causeway St. is a 5-story 79,850 s/f building located in the Bulfinch Triangle/North Station submarket of the city. "Companies are finding that their young tech-savvy workers are interested in living near their work and all of the amenities a city like Boston provides. Bulfinch Triangle is a special intersection of those interests and because of that, more tech companies are moving into the area." said McFarland. "The 13,650 s/f lease we brokered on behalf of 129 Portland St. with CrunchTime! Information Systems, Inc. is another example of this continuing trend." said Twombly. "The 239 Causeway building provides our test center candidates the ability to test in a professional environment, highly visible and easily accessible." said a representative of Prometric. Prometric is a trusted test development and delivery provider to more than 400 organizations worldwide. Prometric Inc.'s move to the Bulfinch Triangle continues the trend of hot young tech companies moving into this revitalized "Live Work Play" neighborhood.
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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.