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News: Front Section
Posted: June 20, 2013
O'Brien Commercial Properties handles three leases totaling 24,165 s/f
O'Brien Commercial Properties secured a lease renewal for 67 Buena Vista. DCS is a defense contractor head quartered in Virginia and has expanded into the entire 14,500 s/f building. O'Brien Commercial represents the building owner, Aspect Realty, while the tenant was represented by The Ezra Company.
O'Brien Commercial has also brokered a lease of 4,865 s/f of space at 40 Beharrell St. in Concord, Mass., to Weymouth Enterprises. The landlord, Concord Littleton Properties was represented by O'Brien Commercial, and they also procured the tenant. Weymouth Enterprises chose the building because of its unique industrial characteristics, affordability and recent installation of fiber tele-communications by the town.
Also, Spindle Mattress, LLC has leased 4,800 s/f of space at 12-A Craig Road in Acton, Mass. from landlord O'Brien Investment Management. Spindle expects to begin operating at this location this month. They will be producing and distributing mattresses sold via the internet. O'Brien Commercial represented the landlord and procured the tenant.
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Quick Hits
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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:
