News: Front Section

Norwood and Mendola of NAI Norwood Group complete $375,000 sale 67,000 s/f industrial building

Chris Norwood and Joseph Mendola of NAI Norwood Group completed the sale of a 67,000 s/f industrial building. This was a 20+ acre site of land on rail with access to Rte. 91 and is conveniently located off Rte. 12 between Monadnock Valley and the Upper Valley regions. The property closed on August 4th for $375,000. The seller was Nor Pac Enterprises out of Oregon and NAI Norris Beggs and Simpson had a relationship with the seller. "This truly demonstrates the power of NAI Global," said Norwood, "When Nor Pac needed disposition work of their facilities across the United States, NAI was selected because our network has a foot print that can service their needs just as we did in Charlestown." NAI Norwood Group, with offices in Bedford and Portsmouth, is an affiliate of NAI Global, an international commercial real estate network with over 325 offices spanning the globe. Since 1978, NAI Global clients have built their businesses on the power of NAI's expanding network. NAI Global's extensive services include corporate real estate services, brokerage and leasing, real estate investment and capital market services, and consulting services.
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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,
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Columns and Thought Leadership
Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

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

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.
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

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.

Four tips for a smooth 1031 Exchange - by Bill Lopriore

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.