Murray of The Katz Cos. brokers two sales totaling $1.79 million
J. Comeford Realty, LLC has purchased two buildings in the Boulder Industrial Park. 12 and 14 Boulder Park Way were purchased for $1.14 million. The buildings totaled 17,000 s/f of space.
The industrial buildings will be used by Utility Trailers Of New England, Inc. to service and repair tractor trailers. Andy Murray of The Katz Companies was the sole broker.
In addition 45 Sword St in Auburn, Mass. has been purchased by Cansoni Realty Massachusetts, Inc. The property is 1.4 acres and includes a 12,000 s/f warehouse building.
Cansoni will use the building for food warehouse and distribution. The purchase price was $650,000.
Murray introduced the buyer and another broker represented the seller, Sword Street Trust.
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,
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.
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.
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:
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.