News: Front Section

Sullivan of Avison Young arranges five leases totaling 27,303 s/f at Brigham Business Park

Bill Sullivan, vice president of Avison Young, has brokered leases with five companies that have moved to Brigham Business Park, or will be moving, this year. "Brigham Business Park is an iconic example of the quality industrial and office properties available here," said Sullivan. "The activity we've seen at the park reflects the upsurge across the entire Marlborough market. Businesses want to be here." Located at 19, 41 and 53 Brigham St., Brigham Business Park features three high-bay buildings totaling 169,074 s/f of R&D, warehousing and distribution space. Sullivan represented the landlord, First Colony Development Co. Inc., in the recent transactions, which totaled nearly 30,000 s/f which included: * Vivint Solar, Inc., leased 7,737 s/f, at 53 Brigham St. Vivint is one of the county's leading providers of low-cost solar energy. The company designs, installs, monitors and services residential systems with no up-front costs to the homeowner. * Ambri Inc. leased 4,560 s/f at 53 Brigham St. Ambri's proprietary technology, the liquid metal battery, is being used to develop an electricity storage solution that will change the way electric grids are operated worldwide. The solution will encourage widespread use of renewable generation, like wind and solar, reduce power prices and increase system reliability. * Abramson & DiBenedetto Marketing Group leased 7,361 s/f at 53 Brigham St. Through a network of more than 100 authorized dealers throughout New England, Abramson & DiBenedetto represents some of the most well-known food-services manufacturers in the industry. * PointCare Technologies, Inc., leased 5,345 s/f at 19 Brigham St. With a global presence and patented innovations in immunohematology, flow cytometry, and infectious disease diagnostics, PointCare Technologies continues to break new ground in the field of cellular research and analysis—innovations that are being used to fight HIV and AIDS. The American Institute for Medical Biological Engineering inducted PointCare's founder into its College of Fellows in 2010. * Tulimieri Associates Inc., leased 2,300 s/f, 41 Brigham St. Tulimieri is an integrator of products and services in the electrical and electronic industries, including robotic automation and control systems. The company also provides its distributors with fabrication and custom control assemblies, field service, and technical support.
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,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
Columns and Thought Leadership
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

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.

Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

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:
Four tips for a smooth 1031 Exchange - by Bill Lopriore

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.
Make PR pop by highlighting unique angles - by Stanley Hurwitz

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.