Press of Press/Cuozzo Commercial sold 3 building package for $1 million
Stephen Press, SIOR, of Press/Cuozzo Commercial Services recently sold a package of buildings, including the landmark building known as The Silver's Drug Store, located at the corner of Campbell and Main St., comprised of 519, 529 and 533 Campbell Ave. The properties closed at $1 million.
The seller was Main and Campbell Realty, Inc., the buyer was an out of state investor. Press was the sole broker on this transaction.
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,
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.
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.
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:
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.