News: Front Section

Minnerly and Osvold of NAI Hunneman handle 68,373 s/f lease

Mansfield, MA NAI Hunneman completed a 68,373 s/f lease with Pental Surfaces at 50 Hampden Rd. The transaction is the first Massachusetts/Northeast location for the West Coast based wholesale stone slab and tile distributor.

Cathy Minnerly, NAI Hunneman

 

Ovar Osvold, NAI Hunneman

 

NAI Hunneman executive vice president Cathy Minnerly and vice president Ovar Osvold represented Pental Surfaces, while the landlord was represented by Ed Jarosz of JLL.

“Pental wanted to identify the ideal spot for their first east coast location. One that would accommodate storage and showroom needs and also strategically position the company to access multiple markets within the northeast,” said Minnerly. “Our team conducted an extensive analysis of the market and identified 50 Hampden Rd. It not only provides the space, but outstanding accessibility as it sits at the intersection of Interstates 95 & 495 connecting Pental with major destinations in all directions, including Boston, Providence, and Worcester.”

Pental Surfaces is the West Coast’s premier source for stone slab and tile. Founded in 1999 with just a few selections of granite slabs, the company has grown to become one of the largest importers and distributors on the West Coast. Pental now carries hundreds of tile and slab options in stock, including their own line of quartz slabs: PentalQuartz. Pental’s buying team attends the largest international tile expositions in search of the latest materials, and owner Peter Pental travels extensively to personally hand select a wide range of exotic natural stones.

Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a member of NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 7,000 professionals and 400 offices throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets.

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,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.

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.