O'Brien and Belsito of O'Brien Commercial Properties, Inc. broker $1.175 million sale
InfoTree Investment, LLC, recently purchased the building at 30 Nagog Park for $1.175 million.
30 Nagog Park is the home of Liberty Mutual's local sales office and has been since the early 1990's. InfoTree, Inc. will be relocating their business operations from 268 Great Rd., where they have been a tenant for many years.
Eric O'Brien and Joseph Belsito of O'Brien Commercial Properties, Inc. represented the buyer in this acquisition and Rory Walsh from Cushman and Wakefield represented the seller, ND/Winrock.
National Development, the management company, was very influential in this transaction as well.
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,
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.
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.
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.