O'Brien Commerical Properties complete two sales totaling $1.485 million
J Day Enterprises LLC has purchased 240 Maple St. from One College LLC. J Brian Day is a disaster recovery company from Plainville. They will occupy this 20,000 s/f industrial building located on 6.72 acres immediately adjacent to Rte. 495.
J Day Enterprises paid $1.25 million for the building and land. O'Brien Commercial Properties Inc. represented J Day in the purchase.
Also, Eric O'Brien, president of O'Brien Commercial Properties represented the seller Peter R. Wallace and an undisclosed buyer in the purchase and sale of 178 Cedar Hill St., Marlboro. The 3,000 s/f business/industrial condominium was equipped with 20% office finish, high bay warehouse space and a loading dock. The property was sold for $235,000. The buyer will be utilizing the new facility as a distribution point for a retail business and a product development lab.
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.
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:
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.