Scafati of Press/Cuozzo does 20,000 s/f lease for landlord, Hamden Realty
According to Stephen Press, SIOR, Co-Principal of Press/Cuozzo Commercial Services, Albert Scafati, senior commercial advisor, has leased 20,000 s/f of Class 'A' office space at Hamden Center II, 2321 Whitney Ave. to Diversified Technology Consultants, Inc. The firm provides planning, design, and construction engineering services for government and business and is the recipient of design and civic awards. Hamden Center II will serve as the firm's headquarters. The building is now 100% leased.
Albert Scafati, of Press/Cuozzo, represented the landlord, Hamden Realty Associates, while Steven Inglese, of New Haven Group, Inc., represented the tenant, Diversified Technology Consultants, Inc.
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.
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: