News: Front Section
Posted: May 11, 2018
Simpson Gumpertz & Heger to relocate to two new locations
Waltham, MA Simpson Gumpertz & Heger (SGH) will relocate its corporate headquarters to two locations.The firm will establish a 110,000 s/f presence at 20 CityPoint in Waltham and a 14,000 s/f office in the Prudential Tower in Boston.
“We are excited to partner with Boston Properties to realize our strategic vision for dual locations. The complementary locations position us to transform the ways in which we partner with our clients, advance the state of knowledge of our industry, and actively participate in the innovation and vibrancy of Boston,” said Charles Russo, SGH chief executive officer.
SGH’s facility at Waltham CityPoint will house engineering and corporate teams, the firm’s physical, materials, and digital laboratories, and an expanded experimentation center.
According to Russo, “The CityPoint location allows us to invest in and grow our laboratory, research, and innovation capabilities, while our Prudential Tower location immerses a Boston-focused and experienced engineering team with our long-standing clients and academic partners.”
SGH plans to open its Boston office this August and the Waltham location in August 2019.
Tags:
Front Section
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,
Quick Hits
Columns and Thought Leadership
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.
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.
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
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.