News: Front Section

Perry and Epstein of M&G lease 44,982 s/f for Fiduciary Trust Company

Fiduciary Trust Co. has renewed its 44,982 s/f lease for its office at 175 Federal St. Executive vice president Ronald Perry and vice president Lawrence Epstein of Meredith & Grew's Boston brokerage group represented Fiduciary Trust Co., working with managing director Andrew Maher and Ryan Enright of Equity Office, the owner and manager of 175 Federal St. Built in 1977, 175 Federal St., also known as the Fiduciary Trust building, is a 17-story, 208,000 s/f office building. With its central location, 175 Federal St. offers access to I-93, the Mass. pike and all major Mass. Bay Transportation Authority lines via South Station. "Fiduciary Trust is a terrific tenant," said Maher. "With the various alternatives available to them, we are thrilled they have made a long-term commitment to our building." "We are delighted to be renewing our lease at 175 Federal St., our home for the past 30 years," said Douglas Smith-Petersen, president and CEO of Fiduciary Trust. "Our clients, our employees, and our professional partners have all been well served by this convenient location in the heart of Boston's financial district."
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Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

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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.
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:
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.