News: Front Section

Saugatuck Commercial represents Westminster Realty LLC in 181,697 s/f lease with Walmart Stores East LP

95 Aubuchon Drive - Westminster, MA

Westminster, MA Saugatuck Commercial Real Estate (SCRE) was the exclusive landlord broker representing Westminster Realty LLC in signing a multi-year lease for 181,697 s/f of warehouse space at 95 Aubuchon Dr. with Walmart Stores East LP. 

The property was chosen after an extensive RFP process eliminated several dozen other potential locations. Walmart will commence operations in December and will utilize the space as their Boston market warehouse and distribution center. 

“We aggressively marketed this unique property and generated significant tenant interest. However, it was critical to find the right match – the right tenant and the right fit. Walmart checked all the boxes. We are pleased to have brokered such an important deal for our client,” said Penny Wickey, principal of SCRE.

SCRE was formed by Wickey in 2004 and is a full-service commercial real estate brokerage company located in Westport, Conn. SCRE is a nationally certified Woman Owned Enterprise (WBENC) and is licensed in CT, NY, MA, RI, NH and FL. SCRE represents retail and office tenants, landlords, developers and investors in leasing, sales and investments.

MORE FROM Front Section

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,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.

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.
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.