O,R & L' s Foote handles 19,573 s/f industrial space lease to Volvo Aero
Steve Foote of O,R&L Commercial completed
the lease of 19,573 s/f of industrial space at 140 Production Court to Volvo Aero Conn., LLC
O,R&L represented both the landlord, 140 Production Court Realty, LLC, and the tenant. Volvo Aero Connecticut, LLC is a manufacturer of components for aircraft engines and land-based gas turbines, and is based in Newington, Conn. The building in New Britain will be used for further expansion of the business.
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,
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.
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.
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:
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.