News: Front Section
Posted: April 11, 2013
Mulroy of O'Brien Commercial Properties, Inc. handles sale of 56 Newhall Street, Lowell, MA
R-Squared has recently purchased 56 Newhall St. from Carolyn's Folly Inc. for an undisclosed price. Paul Mulroy, senior vice president of O'Brien Commercial Properties, Inc. represented the seller and procured the buyer. R-Squared is a mid-market, full-service used furniture refurbisher servicing the metropolitan Boston area for over 18 years. Carolyn's Folly Inc. owned the property for over 25 years, previously housing a family business that was sold 2 years ago.
Also, Time Value Property Exchange and several of its related companies have secured a lease for 2,380 s/f of office space the Concord office center at 2352 Main St. in Concord. Landlord R&G Partners LLC agreed to custom a design build a deluxe suite consideration of a 5 year lease term. O'Brien Commercial represents R&G Partners and procured the tenant.
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,
.png)
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.
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:
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.