Messier of Coastal Commercial brokers 9,600 s/f lease to Cimbron - plans for Powerhouse Gym
Coastal Commercial Real Estate, a division of The Nery Corp., has brokered a lease/ purchase contract between Andy Cimbron/Powerhouse Gym and Peter Barry/Petal Realty on Petal's 9,600 s/f, 1.5 acre property at 75 Macarthur Dr. Raymond Messier brokered the transaction.
Cimbron has a fitness center in Plymouth, Powerhouse Gym, and is preparing the property for a second fitness facility. The planned opening is March 15th.
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,
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.
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.
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:
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.