News: Front Section

O'Brien of Greater Boston Commercial Properties, Inc. brokers 21,800 s/f lease

Bret O'Brien of Greater Boston Commercial Properties, Inc., recently completed two related transactions in New Englander Industrial Park totaling 21,800 s/f. O'Brien was the sole broker in a 17,000 s/f lease extension of Abbess Instruments at 75 October Hill Rd. The space consists of 5,000 s/f of office space and the balance high bay warehouse space. Abbess Instruments manufactures custom vacuum chambers for small to large organizations with low vacuum degassing through to high vacuum space simulation applications. O'Brien simultaneously brokered a second transaction in the same park at 70 Bartzak Dr., where he represented the principals of Abbess Instruments who owned a 4,800 s/f industrial condo. Greater Boston Commercial Properties' ability to lease this excess space at 70 Bartzak Dr. for Abbess Instruments allowed Abbess to in turn move forward with the other transaction at 75 October Hill Rd. The new tenant at 70 Bartzak Dr. is Oligo Factory, who was represented by Rick Kaplan of RE/Max Executive Realty. Oligo plans to retrofit the unit to a biotechnology lab space for Oligo synthesis.
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Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

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,
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Make PR pop by highlighting unique angles - by Stanley Hurwitz

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.
Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

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:
Four tips for a smooth 1031 Exchange - by Bill Lopriore

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

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.