O'Brien Commercial Properties completes two leases - 13,722 s/f
BLW Engineering secured a long term lease for 3,222 s/f of class A office space at 40 Shattuck Rd. The company, which is headquartered in Littleton, specializes in a variety of engineering services which includes mechanical, electrical, fire protection and plumbing. The additional space is needed to accommodate their fast-growing, Andover division. O'Brien Commercial Properties, Inc. represented the tenant, while the landlord, Boston Properties, was represented by Transwestern/RBJ.
Also, Smartfish Group, a full service marketing agency, has leased 10,500 s/f of additional office and warehouse space at 289 Elm St. in Marlborough, Mass., from landlord, Antico Real Estate, LLC. Smartfish Group was growing out of their current headquarters at the Marlborough Technology Center and with the improving economy there was no available space there to be had.
O'Brien Commercial Properties brokered the sale of 289 Elm St. to Antico Real Estate last year and represented Smartfish Group in this lease. O'Brien Commercial is also handling the disposition of their current space.
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,
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.
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:
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.