 (2).jpg)
News: Front Section
Posted: November 15, 2019
NKF completes 14,764 s/f lease to KabaFusion at 80 Hayden Ave.
Lexington, MA Newmark Knight Frank (NKF) completed a 14,764 s/f lease to KabaFusion at 80 Hayden Ave. on behalf of the property owner, Marwick Associates.
80 Hayden Ave. is a 43,208 s/f, three-story office building. The most recent lease completed at 80 Hayden Ave. was signed by KabaFusion to serve as a new eastern headquarters location for the firm. Founded in 2010, KabaFusion is a patient-focused, pharmacist-owned home infusion company specializing in IVIG, SCIG and acute therapies. The company is relocating its east headquarters from 318 Bear Hill Rd. in Waltham, where it leased 3,500 s/f.
NKF executive managing director Mark Roth, managing director Matt Malatesta, director Brendan Daly and associate Brianna Piacitelli represented ownership in the lease negotiations. Jack Whelan and Michael O’Leary of Cushman & Wakefield represented KabaFusion.
“We are pleased to have represented Marwick Associates in this lease transaction,” said Roth. “KabaFusion is a great addition to the large life science cluster at Rte. 2 and I-95. This life science cluster, on the Lexington and Waltham border, now has over two million square feet occupied by companies such as Takeda Pharmaceuticals, Concert Pharmaceuticals, ElevateBio, and Dicerna Pharmaceuticals.”
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
.png)
Columns and Thought Leadership
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:
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.
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.
