News: Front Section
Posted: March 13, 2014
McKinnon of The Grossman Companies, Inc. represents 370 McClellan Highway in 13,947 s/f lease
Growing freight shipping and delivery services firm Skema Courier, Inc., has leased 13,947 s/f of warehouse and office space at 370 McClellan Highway (Rte. 1A).
Representing the owner, 370 McClellan Highway LLC was exclusive broker Richard McKinnon, director of brokerage services for The Grossman Companies, Inc. Representing the tenant was Steve Nohrden, vice president of Burgess Properties.
Licensed and bonded, Skema relocated from its long-time Chelsea facility to take up residence at one of the closest air freight facilities to Logan International Airport.
Making the property especially attractive for air freight and delivery firms are easy access to all the major roads leading into and out of Boston and the airport. Based on international traffic, Logan is the country's 12th busiest airport. Last year 685,000 tons of cargo (and 29 million passengers) passed through its terminals.
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
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.
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
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:
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.