O'Brien of Greater Boston Commercial Properties handles 9,333 s/f in leases
Bret O'Brien, president of Greater Boston Commercial Properties recently represented the landlord in leasing 8,009 s/f at 239 South St. O'Brien procured the tenant Gorman Richardson Lewis Architects in a long term lease of the entire top floor of this three story office property. The firm will relocate from 77 Main St., where it has been located for the last fifteen years.
Greater Boston Commercial Properties also leased 1,324 s/f on the second floor to Electronic Fluorocarbons for its Massachusetts management office of it manufacturing operations located in Penn. O'Brien was the sole broker of record in both transactions.
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,
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.
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.
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: