News: Front Section
Posted: September 10, 2015
O'Brien and Belsito of O'Brien Commercial Properties LLC broker $1.2 million sale
Viking Moving & Storage has purchased 55 Domino Dr. The property is a 15,648 s/f high bay warehouse building. The sale price was $1.2 million. Eric O'Brien and Joseph Belsito of O'Brien Commercial Properties LLC (OCP) represented the seller, Palmer Movers and OCP directly procured the buyer.
Belsito and O'Brien also recently leased the entire second floor of 319 Waverly Oaks Rd. in Waltham to the House of Restoration. The tenant was represented by OCP, while John Nachtmey of CRG Commercial represented the landlord.
In addition, Houston-based Soft Serve Inc. recently secured first class office space at 30 Nagog Park in Acton. This building which is home to Liberty Mutual Insurance, Info Tree Software and several other tenants is now well over 90% leased. Belsito and O'Brien represented the landlord while Nagog Associates represented the tenant.
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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
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:
