News: Front Section
Posted: January 19, 2012
McKinnon of The Grossman Companies, Inc. brokers 3,554 s/f lease renewal
Galileo Press, a leading publisher of books for SAP, design and IT/computing professionals, has renewed its lease for 3,554 s/f for its U.S. headquarters at 100 Grossman Dr. at Braintree Executive Park.
Richard McKinnon, director of brokerage services for The Grossman Companies, Inc., represented both the landlord, Braintree Executive Park LLC, and the tenant in negotiations.
Braintree Executive Park consists of mirror-image twin first-class office buildings adjacent to K-Mart Plaza off Rte. 3. This past year, common areas including bathrooms at 100 Grossman Dr. underwent major renovations to maintain the property's class A office space ambiance.
The buildings, within walking distance to the MBTA Red Line/Commuter Rail station, offer highway access and numerous nearby restaurants, stores and hotels. Among other Braintree Executive Park tenants are Bank of America, Harvard Vanguard Medical, Tremont Federal Credit Union and Rockland Trust.
The Grossman Companies, Inc., offers a full range of brokerage services, with a focus on sales and leasing of commercial property throughout New England.
Tags:
Front Section
MORE FROM Front Section
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,
.png)
Columns and Thought Leadership
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
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
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
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.
