Smith joins Equity Office as market managing director and Conley promoted to senior vice president
Equity Office Properties hires Mark Smith as the new market managing director. Smith has 27 years of experience in the real estate industry and was formerly president of Winthrop Realty Partners LP. Smith will join the Equity Office team this month.
In addition, John Conley has been promoted to senior vice president of asset management and will oversee asset management and leasing activities in the city's market.
working with Sandra Lally, vice president of operations, to continue to lead operations. The Equity Office portfolio-over 12 million s/f of class A office space in the market-is rich with signature properties including South Station, Rowe's Wharf, One Memorial Dr., 500 Boylston St., New England Executive Office Park, One Post Office Sq. and the Wellesley Office Park.
"We look forward to having Mark work with the community to maintain our leadership role in the Boston market," said Chris Hendricks, executive vice president and chief operating officer at Equity Office Properties. "Mark's experience in financial management, leasing and operations make him the perfect fit for the position."
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,
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:
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.
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.