News: Front Section

McKinley, Kelleher and Matt of Kelleher & Sadowsky Assocs. complete $2.94m sale

John McKinley, principal, William Kelleher, vice president and Paul Matt, associate broker of Kelleher & Sadowsky Associates, Inc., brokered the sale of the 49,000 s/f building located at 799 West Boylston St. The 2.133 acre site is close to Rte. 190. The property was sold to Seven Hills Family Services for $2.94 million. Tenants within the building include the Junior League of Worcester, Health Awareness, Audio Journal, Abacus Growth Group, The Rape Crisis Center, the Mass. Assn. for the Blind, and Curves for Women. Seven Hills plans to occupy 30,000 s/f with many of the existing tenant's remaining within the facility. The Seven Hills Family Services works to advance and sponsor rehabilitative, housing, educational, healthcare, social, and related services on behalf of persons with physical, developmental and emotional challenges. Kelleher & Sadowsky represented the seller, Compass Financial LLC and the buyer, Seven Hills in the transaction.
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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.

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.
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.