News: Front Section

McKinnon of Grossman Cos. arranges 6,200 s/f lease renewal for SMI

Systems & Methods, Inc. (SMI), has renewed its lease for 6,200 s/f at Braintree Executive Park (BEP), 150 Grossman Dr. Representing the parties in the transaction was Richard McKinnon, director of brokerage services for The Grossman Companies, Inc., of Quincy. The landlord is Braintree Executive Park Trust LLC. The BEP office park consists of 100 and 150 Grossman Dr. BEP's mirror-image buildings consist of 124,000 s/f of first-class office space off Rte. 3. In addition to easy highway access and proximity to Boston, there are numerous restaurants, stores and hotels nearby. There is plenty of free parking and the complex is within walking distance of the MBTA's Red Line and Commuter Rail station. BEP's well-known tenants include Rockland Trust, Genworth Mortgage, Tremont Credit Union, Harvard Vanguard Medical Associates, Bank of America, Sentient Jet and Walden Behavioral Care, among others. The Grossman Cos. offers a full range of landlord and tenant services with a focus on sales and leasing of commercial property throughout New England.
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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Columns and Thought Leadership
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.

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.