News: Front Section
Posted: November 24, 2017
Navaroli of Harrington & Reeves handles 33,750 s/f lease
Chelmsford, MA Harrington & Reeves/Norton Asset Management has leased 33,750 s/f at 10 Elizabeth Dr. to HITEC Sensor Developments, Inc. Deane Navaroli, a principal with Harrington & Reeves, represented the landlord, Altid Enterprises. James Stubblebine with The Stubblebine Company represented the tenant.
HITEC Sensor Developments was recently formed by the merger of HITEC Sensor Solutions (Littleton, MA) and Sensor Developments (Orion, MI). HITEC Sensor Developments has over 85 years of combined experience in providing custom load cells, force sensors, torque and pressure transducers, and strain gages. These designs provide complete solutions for the aerospace, automotive, industrial, medical, and nuclear and turbomachinery industries.
Tim Cetto, vice president and general manager of HITEC Sensor Developments said, “We are excited about our planned relocation to Chelmsford, to 10 Elizabeth Dr. in early 2018, as it provides us with a larger and more modern facility to serve our customers.”
Harrington & Reeves is a full service commercial real estate company focused on delivering commercial real estate brokerage along with an extensive consulting and advisory platform. The company’s reach extends from Northern Massachusetts throughout Southern New Hampshire including the Seacoast and the Upper Valley.
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,
Quick Hits
Columns and Thought Leadership
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.
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
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
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: