News: Front Section

Murphy of Campanelli featured speaker at SIOR Breakfast Series

Stephen Murphy, partner and principal of acquisitions at Campanelli was the featured speaker at SIOR Breakfast Series event. Over 40 SIOR real estate brokers from Mass. attended the function, where Murphy discussed the flagging economies of several European nations while relating their debt crises to the immediate future of the economy in the United States. Key points included the importance of the healthcare industry and supporting innovation in Mass. For example, $164 billion of annual sales in Mass. is derived from companies started by MIT alumni. Campanelli's director of leasing, Peter Brown said, "Our fully integrated functions of design engineering and construction are a true advantage in working with a company on leasing deals and acquisitions. Our approachable, resourceful style makes it easy for brokers to get deals done. We're fast, efficient, and we recognize the commercial brokerage community is a vital part of Campanelli's success." Murphy concluded by affirming Campanelli's advantage in the market with, "We always do what we say what we're going to do." Tom Farrelly, president of the New England chapter of SIOR, commented that Murphy's presentation was well received by those in attendance. "Steve is an acquisitions expert in the real estate industry and SIOR was honored to have him speak at our breakfast series." About Campanelli: Established in 1947, Campanelli is a third generation, full-service commercial real estate development and construction company with extensive experience in the industrial, office, medical office, warehouse/distribution, retail, educational and cold storage markets. Campanelli began building homes during WWII and made the move from residential to commercial real estate in the 1960's. To date, Campanelli has developed over 18 million square feet of commercial real estate property in New England and the Eastern Seaboard. The company's signature capabilities include land development, design and build, redevelopment and value-added acquisitions. It is Campanelli's all-encompassing and quality services that have led to its successful track record as a highly-regarded developer; from site selection, feasibility analysis, local, state and federal permitting, to architectural and engineering design, building construction and facilities and property management. With a cohesive development team that has worked together for more than 50 years, Campanelli can assure its clients that every aspect of a project is directed, monitored, and controlled by Campanelli. About SIOR The Society of Industrial and Office Realtors is the leading professional commercial and industrial real estate association. With more than 3,000 members in more than 580 cities in 28 countries, SIOR represents today's most knowledgeable, experienced, and successful commercial real estate brokerage specialists.
MORE FROM Front Section
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.
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.

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.