News: Front Section

Mulroy of O'Brien Commercial Properties handles 10,755 s/f in leases

Paul Mulroy of O'Brien Commercial Properties recently represented Drew and Co. LLC, the tenant, in leasing 7,012 s/f of space at 325 Ayer Rd. Drew and Co. LLC is owned by Andrew Pietras, who has recently acquired a wholesale rug and place mat company that he will be relocating from Pennsylvania. "We were able to negotiate a very good monthly rent to allow them to get up and running here in Mass. over the next few years" said Mulroy. The landlord, LTI Appleworks, was represented by Bill Sullivan of R.W. Holmes. In addition, Mulroy recently represented Esquire Five LLC, the landlord, in leasing 3,743 s/f of space at 5 Esquire Rd. in Billerica, Mass. The building is now fully occupied. The tenant, Prudential Cleanroom Services, specializes in cleaning and distributing clean room apparel. They will use this location for a new facility that services the state. Prudential was represented by Grubb & Ellis Co.
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Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

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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.
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:
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.
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.