News: Front Section

Mott & Chace Sotheby sells 12 acres for $1.2 million in Tiverton, RI

Tiverton, RI Mott & Chace Sotheby’s International Realty completed the sale of 0 High Hill Rd. for $1.2 million. The property, comprised of twelve acres and two approved buildable lots, offers water views. The seller was represented by Cherry Arnold, sales associate, and Liz Kinnane, sales associate, both of Mott & Chace Sotheby’s International Realty. Chan Lyell and Jessica Chase of Gustave White Sotheby’s International Realty represented the buyer.

According to data available from Rhode Island statewide Multiple Listing Service, this is the highest land sale in town since July 2016.

“This amazing land parcel has it all - breathtaking panoramic views of the ocean, of salt marshes teaming with wildlife, and of over 150 acres of conserved farmland,” said Kinnane.

“One of the last great Tiverton coastal land offerings of its kind,” said Arnold. “It has been an honor to represent this extraordinary property. Thank you to our cooperative agents at Gustave White Sotheby’s International Realty for making this another wonderful transaction within the Sotheby’s International Realty network!”

On the heels of the opening of the seventh Mott & Chace Sotheby’s International Realty office in Westport, Mass., the firm’s local real estate experts continue to represent some of the most extraordinary properties along the Farm Coast.

With deep knowledge and a proven track record of successfully handling the sale of properties at all price points, the Sales Associates provide property owners with the world-class individual service and property exposure expected when working with a Sotheby’s International Realty® affiliate.

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
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:
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.
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.

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.