News: Front Section
Posted: October 21, 2022
New Dover and Gordon R.E. assist seller in $1.3 million building sale
Framingham, MA Scott Hughes, president of New Dover Associates, Inc. and James Gordon, president, Peter Gordon, senior vice president and Jonathan Gordon, senior associate of Gordon Real Estate represented the seller, 1001 Worcester Road, LLC, in the sale of 1001 Worcester Rd., for the purchase price of $1.3 million. Osmin Hernandez of United Brokers Real Estate represented the buyer.
1001 Worcester Rd. is a 6,645 s/f three-story office building located along the westbound side of Rte. 9.
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Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.
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Columns and Thought Leadership
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:
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.