News: Front Section

McKinley, Matt, Kelleher and Dunn of Kelleher & Sadowsky sell 11,763 s/f

John McKinley, principal, Paul Matt, William Kelleher, vice president and Peter Dunn, of Kelleher & Sadowsky Associates, Inc. brokered the sale of both 1470 and 1480 John Fitch Highway. The building located at 1470 is a vacant 3,679 s/f building that is on .22 acre. The building located at 1480 is an 8,084 s/f structure on an acre of land and is used as medical offices. Both buildings are close to downtown. The properties were sold to Seven Hills Foundation for a combined total of $1.055 million. Seven Hills plans to completely occupy both facilities after the current medical tenants vacate in August and all construction is completed at the end of 2008. Once construction is completed, Seven Hills plans to use both buildings to house their day care program that currently exists on Day Street in Downtown Fitchburg. The Seven Hills Foundation mission is to promote and encourage the individual empowerment of all persons with significant challenges so that each may pursue their highest possible degree of personal well-being and independence. Seven Hills Foundation works to advance and sponsor rehabilitative, housing, educational, healthcare, social, and related services on behalf of person with physical, developmental, emotional, or other life challenges.
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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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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:
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.
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.

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.