News: Front Section
Posted: March 1, 2019
Pascucci of Masiello Commercial Associates brokers $240,000 sale
Merrimack, NH Chris Pascucci of Masiello Commercial Associates has completed the sale of 23 Depot St. The property, owned by Carbert Properties was purchased by Industrial Solutions. Mark Prolman, of Prolman Realty represented the buyer. According to the Registry of Deeds, the sale price was $240,000.
In another transaction, Pascucci and Jamison Bibaud, both of Masiello Commercial, represented Market Reach Inc. re-locate their corporate headquarters to 9,600 s/f of first class office space at 410 Amherst St. in Nashua. The building is owned by Brady Sullivan Properties and the landlord was represented by SueAnn Johnson of Cushman & Wakefield.
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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
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
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.
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.
