News: Front Section

Richards Barry Joyce & Partners reps Intercontinental in 88,930 s/f lease

Richards Barry Joyce & Partners has represented Intercontinental R.E. Corp. in an 88,930 s/f lease with ImmunoGen, Inc. at 830 Winter St. 830 Winter St. is comprised of 182,106 s/f and ImmunoGen will occupy office and laboratory space on three floors. ImmunoGen will be moving to Waltham from its headquarters in East Cambridge. "830 Winter St. is one of the top laboratory facilities in the Greater Boston suburbs," said Thomas Taranto, director, head of asset and portfolio management at Intercontinental. Jon Varholak, Michael Frisoli and Ron Friedman of RBJ represented Intercontinental. Roy Hirshland and Mike Shreve of T3 Advisors represented ImmunoGen. "Boston's suburbs continue to attract biotechnology companies, with Waltham and Lexington at the forefront of this trend," said Varholak, partner, RBJ. "The scarcity of opportunitiesin Cambridge, which was created by the tremendous growth of Boston as a hub of biotechnology, has helped fuel the growth of biotech in the suburbs."
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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
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.
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.

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: