NAI The Dunham Group brokers two new leases totaling 20,650 s/f
NAI The Dunham Group recently completed the following transactions:
* Save-A-Lot leased 15,560 s/f of retail space at 20 Concourse West from HK Maine Properties. Charlie Craig from NAI Dunham brokered the lease.
* Bayview Dental Associates leased 5,090 s/f of office space (to-be-built) at 247 Portland St., Yarmouth, from B&L Associates. Chris Craig from NAI Dunham brokered the lease.
* Lajolla Holdings, LLC purchased a 6-unit, 2,784 s/f, multi-family/mixed-use building at 79 Ocean St., South Portland, from Estate of Rebecca Rice. Frank O'Connor, CCIM, SIOR from NAI Dunham and Mike Cardente from Cardente Real Estate brokered the sale.
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,
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.
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.
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.