News: Front Section

O'Callaghan of Binswanger Companies brokers 65,820 s/f lease for Kenexa

Timothy O'Callaghan, vice president of the Binswanger Companies has arranged for the lease of a 65,820 s/f office facility located at 343 Winter St. Kenexa, a global HR technology solutions company, executed a long term lease with National Development for the entire building. After acquiring Salary.Com in 2010, Kenexa consolidated both operations into the new facility allowing the company to adequately expand and meet their ever-growing demand. Numerous enhancements were made to the facility including additional office space, training rooms, conference areas, cafeteria and expanded parking. The facility features a three story office building of 21,940 s/f floor plates on 5.53 acres. Situated off of I-95 alongside many Fortune 500 companies, the buildings local amenities include hotels, retail shopping and several restaurant accommodations. National Development was represented in-house by Jerome Kyllingstad and by the team of Ron Friedman, Jonathan Varholak and Chris Mullen from Richards, Barry, Joyce & Partners. Headquartered in Philadelphia, PA, Binswanger is an international full-service real estate organization with offices worldwide throughout the U.S.A., Canada, Mexico and South America, the U.K. and Europe, the Middle East, and Asia.
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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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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.

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:
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.
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.