News: Front Section
Posted: August 2, 2012
Stout of Atlantic Properties brokers $1.8 million sale of Silo Marketplace
On behalf of Koffler/GID Silo Marketplace, LLC Atlantic Properties sold The Silo Marketplace, to The Advanced Group Carver, LLC for $1.8 million.
Silo Marketplace is a 22,000 s/f retail center on 17 acres with highway frontage on Rte. 44. Tenants include Aubuchon Hardware, Dunkin' Donuts, Tiki Kye, Cali's Tanning, Computer Advantage and Hydroponics.
Ben Stout of Atlantic Properties was the sole broker in the transaction.
The Advanced Group Carver intends to complete extensive renovations and lease the remaining 3,600 s/f of vacancy. The property allows for significant expansion allowing for many additional uses on site.
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,
Columns and Thought Leadership
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.
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:
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.