News: Front Section
Posted: October 11, 2024
O’Brien of Greater Boston Commercial Properties brokers $902,500 in sales
Hudson, MA Bret O’Brien of Greater Boston Commercial Properties, Inc. has completed four industrial condo sales totaling $902,500 at 9 Bonazzoli Ave. O’Brien represented the sellers in all four transactions, which totaled 4,750 s/f. The price per s/f of the units ranged between $180 and $200 per s/f, with an overall blended average of $190 per s/f. The highest prior sale at the property in January of 2022 was at $131 per s/f. These transactions demonstrate that Greater Boston Commercial Properties Inc. continues to break pricing records when working on behalf of sellers.
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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,
Quick Hits
Columns and Thought Leadership
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
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.
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
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:
