News: Front Section

O'Callaghan of Binswanger completes 28,580 s/f R&D space lease at 34 Commerce Way to Amgen

Timothy O'Callaghan of Binswanger has completed the lease of a 28,580 s/f R&D space at 34 Commerce Way to Amgen. The property, owned and operated by Cummings Properties, was formerly occupied by Calloway Labs for use in drug testing protocols. Built in 1976 with many recent upgrades, the flex R&D building is in excellent condition. Key features to the area include a business park setting and many local amenities. The property has highway access to both I-95 & I-93, and is located 12 miles north from Boston. Amgen is a multinational biopharmaceutical company and is the second largest independent biopharmaceutical firm. In 2013, the company's largest selling product lines were Neulasta/Neupogen, two closely related drugs used to infections in patients undergoing cancer chemotherapy; and Embrel, a tumor necrosis factor blocker used in the treatment of rheumatoid arthritis and other autoimmune diseases. Headquartered in Philadelphia, with the local office in Natick MA, Binswanger is an international full-service real estate organization with offices worldwide throughout the United States, Canada, Latin America, 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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Columns and Thought Leadership
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.
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.
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: