Rhatigan of Atherton & Associates brokers $180,000 two building sale
Richard Rhatigan, CCIM, vice president of Atherton & Associates has completed the sale of 400 Riverside Ave. The property totals 11,878 s/f on .71 acres. The asset sold for $180,000 to a local contractor who plans to own and use the facility. The lot hosts 2 buildings, one a 10,650 s/f light industrial building, the other a 2 bedroom cape style house. Formerly occupied by a metal manufacturing company, the industrial facet of the property is mostly open warehouse space but also houses office space within.
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,
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.
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.
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.
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: