News: Front Section

McGuire and Fenlon of CB Richard Ellis collaborate for 28,170 s/f renewal

According to KS Partners, LLC, one of Greater Boston's largest landlords, it has renewed a lease with RCN Metro for 28,170 s/f of executive office space at its 2200 West Park Dr. building. RCN Metro is a premier provider of high-capacity transport services for carriers as well as large and medium-sized businesses. RCN Metro offers a comprehensive suite of services including: Ethernet, SONET, Wavelength Services, Video Transport, Internet and more. Robert McGuire Sr. of CB Richard Ellis/New England Suburban Brokerage represented the landlord, KS Partners, LLC. Brad Fenlon of CB Richard Ellis New Jersey represented the tenant, RCN Metro. Glenn Roberts of Fenway Equities LLC, KS Partners leasing representative worked closely with both CBRE New England and CBRE of New Jersey to bring the deal together. "KS Partners LLC is pleased that RCN Metro has decided to continue its relationship with KS Partners at 2200 West Park Dr. in Westborough. We look forward to keeping them as a valued tenant for an additional five years," adding that, "this is a significant renewal transaction in the Boston Metro-West market; it secures a valuable occupancy in a highly competitive environment." RCN Metro entered into a five year lease with KS Partners. KS Partners LLC is a commercial real estate owner and property management company which owns and manages income producing real estate assets in the Northeast. The KS Partners portfolio strives for value appreciation through the capitalization of improved leasing, repositioning or redevelopment opportunities.
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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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Columns and Thought Leadership
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.