News: Front Section

Parsons of Parsons Comm'l. Group represents buyer in $1.125 million sale

Jake Parsons, associate for Parsons Commercial Group, Inc. (PCG), represented the buyer in the purchase of 17 Brent Dr. The 25,000 s/f industrial building traded for $1.125 million. Parsons said, "The property was ideal for the buyer Organic Mulch & Landscape Supply of New England because it included approximately 5 acres of yard space for their use." The property also features 20 foot ceilings and 7 drive in bay doors and is located within a well known industrial park setting. The seller, Road Hole Realty was represented by Joel Aho of O'Brien Commercial. Parsons Commercial Group, Inc., (PCG) is a commercial real estate firm based in Framingham, Massachusetts. The company is a leading provider of commercial real estate services including, tenant and landlord representation, investment sales, property and asset management, development and construction management, advisory and distressed asset advisory services. With a portfolio of over 2 million square feet, PCG is one of the largest owners of real estate within the Suburban Boston market. For more information, please visit our website at www.pcg‐ma.com
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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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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.
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:
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.

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.