O'Brien and Gatti of Greater Boston Commercial Properties broker three new leases totaling 7,052 s/f
Bret O'Brien and Benjamin Gatti of Greater Boston Commercial Properties (GBCP) recently brokered three new office leases totaling 7,052 s/f at 65 Boston Post Rd. where they are the exclusive leasing agent. Despite a relatively flat office market along Rte. 495, GBCP has managed to make deals at the Marlborough Executive Park, which is a 52,500 s/f three story office building. All three tenants are direct deals procured by Gatti.
Advans IT Services, Inc. has leased 4,216 s/f on the third floor. The building is located on the hillside of Rte. 20 at Rte. 495 exit 24 and the Advans IT space offers views of the area including Mount Wachusett. The landlord, Boston Post Road Building 65, LLC, an affiliate of Rosewood Management Corp., is providing a turnkey build out that will serve the companies needs.
The Visiting Nurse Association of New England leased 1,713 s/f of space on the third floor.
Northern Benefits leased 1,123 s/f of office space also on the first floor.
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,
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.
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.
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.