 (2).jpg)
News: Front Section
Posted: February 16, 2024
Medfield North Green LLC acquires 11,845 s/f retail plaza
Medfield, MA Medfield North Green LLC, a joint venture of Tuccio Properties Group and Salvatore Capital Partners, has acquired Bullard’s Plaza, 1 Green St. for $1.9 million.
The 11,845 s/f property has six retail tenants. Tenants include Bullard’s Liquor, Halfrey Interiors, Corcoran and Havlin Insurance, Jill’s Hair Studio, Takara Restaurant and Nicholas Christies Day Spa. The plaza’s location, at the corner of North and Green Sts., positions it for success. The plaza also has a 57 space parking lot.
Andrew Tuccio, owner and founder at Tuccio Properties Group, said, “This purchase aligns seamlessly with our long-term vision and mission. The strategic location and unique features of the property will enhance our capabilities and allow us to better serve our tenants and community.”
The acquisition reflects Tuccio Properties Group and Salvatore Capital Partners commitment to sustainable growth within the market.
Steven Greenberg, broker/owner of Oak Realty, represented the seller.
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,
Quick Hits
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.
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:
