Jones Lang LaSalle has named senior vice president Daniel St. Clair a managing director of its development group. In this role, St. Clair will explore and drive national investment development opportunities for the newly created Investment Development Initiative.
St. Clair has distinguished himself as a key player in reshaping Boston's built environment through 17 years of development, planning, design, and construction project management experience.
A recipient of the Boston Business Journal's "40 Under 40" Award, St. Clair also lends his expertise to real estate industry organizations including the Urban Land Institute, and the Mayor's Task Force on Green Buildings. He was also named by Mayor Thomas Menino as a commissioner of the Boston Civic Design Commission.
St. Clair holds an M.B.A. from University of Virginia.
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.