S. Hughes and J. Hughes of New Dover handle 26,400 s/f $1.575m sale
Scott Hughes, president and John Hughes, associate of New Dover Associates and Wayne Spiegel, formerly of NAI Hunneman, co-brokered the investment sale of 26,400 s/f of fully leased industrial condo units known as 21-27 Gainsborough Industrial Park Condominium, 104 Otis St. for $1.575 million. The condominium units are leased to J&L Windows, Inc. dba Renewal By Andersen and Professional Technologies International, Inc.
New Dover represented the buyer, Vector Northborough Commercial and Apogee Realty of Northborough, LLC, while NAI Hunneman represented the seller, Pamjam Realty in the sale 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,
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:
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.