News: Front Section

McKinnon of The Grossman Companies, Inc., signs Audio Concepts to 6,404 s/f

The landmark property at 870 Commonwealth Ave. on the Brookline-Boston line opposite Boston University remains 100% leased with the recent lease renewal by Audio Concepts for 6,404 s/f. Negotiations were handled by Richard McKinnon, director of brokerage services for The Grossman Companies, Inc., who represented the landlord, 860-872 Commonwealth Avenue Trust. Commonwealth Ave. has strong demographics, visibility, heavy vehicle and pedestrian traffic, access to the MBTA Green Line, and proximity to Boston University, downtown Boston, and key highways. Nearby neighbors include Boston University Residence Towers, John Hancock Student Village, and the Harry Agganis Sports Arena and Entertainment Complex. Other 870 Commonwealth Ave. tenants are 7-Eleven, East Coast Alpine, Elements Therapeutic Massage, Fenway Printing and The Renfrew Center. Audio Concepts won Boston Magazine's 2013 Best of Boston Home Design Award in the "Family Room, Audio/Visual" category. Audio Concepts is a leader in the design, installation and repair of all things audio and visual. Over the past 35 years, they have built a reputation in the areas of home entertainment systems, networking, residential and commercial audio and video equipment, lighting and security systems, and furnishings from leading manufacturers.
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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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.
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.
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:
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.