News: Front Section

McKinnon of The Grossman Companies, Inc. brokers 1,700 s/f lease to The Great American Insurance Company

The Great American Insurance Company (GAIC) has leased 1,700 s/f for a Northeast regional office at Ten99 Hingham St. The announcement was made by Richard McKinnon, director of brokerage services for The Grossman Companies, Inc., of Quincy who represented the landlord, Rockland Haverstraw LLC. Representing GAIC were Mark McLean, commercial real estate advisor, and Sean Lynch, vice president of Jones Lang LaSalle. Great American Insurance's divisions offer commercial coverage for a variety of specialized industries. GAIC is a subsidiary of American Financial Group and is based in Cincinnati. Ten99 Hingham St. also counts among its tenants UBS Financial Services, Cutter Associates, and NTT Data (formerly MISI ). McKinnon says the new lease is for 1,700 s/f in the 60,000 s/f building. There is a range of office suite sizes. Making the property attractive for tenants are its location at the junction of Rtes. 3 and 228, recent common-area improvements, first-class downtown-style space in a suburban setting, ample parking, and management by The Grossman Cos. The Grossman Companies, Inc., offers a full range of brokerage 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,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
Columns and Thought Leadership
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.
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:
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.