O'Brien of Greater Boston Commercial Properties, Inc. brokers two sales
Bret O'Brien of Greater Boston Commercial Properties, Inc. (GBCP) represented the seller Irish Holdings, LLC in the sale of 18 Alpha Rd. for $965,000. The property consisted of two industrial lots totaling 1.9 acres containing an 8,884 s/f freestanding single story manufacturing building. The buyer Craven Real Estate Development, LLC was represented by Joe Ready of Ready Real Estate.
Also, O'Brien recently represented the seller, Gary Arnold, in the sale of an 8,504 s/f industrial building at 43 Hopkinton Rd. in Westborough for $565,000. The 2.27 acre parcel is set up as a partially fenced in contractors yard with drive in bays off the back half of the building, while the front half of the building is two story office facing the street. The buyer Giuseppe Ventriglia was represented by Adam Boyce of Re/MAX Prestige.
and will utilize the property for his company Terrascaping & Construction, which specializes in stonework.
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: