News: Front Section
Posted: July 21, 2023
SVN | Parsons Commercial Group | Boston arranges 18,473 s/f office lease at 2 Mill & Main St. in Maynard, MA for Alaka’i Technologies
Maynard, MA SVN | Parsons Commercial Group | Boston has completed an 18,473 s/f office lease at 2 Mill & Main St. for Alaka’i Technologies.
Associate advisor, Trevor Holmes and senior advisor, Garrett Quinn of SVN | Parsons represented the tenant, Alaka’i Technologies. Broker James Tambone of Lincoln Property Company represented the landlord, AS Clocktower, LLC.
Alaka’i Technologies is an engineering company in the air mobility sector that strives to revitalize general aviation. “It was a pleasure representing a company that is revolutionizing the aviation industry,” said Holmes.
The Mill & Main office complex totals 1.1 million s/f across eight buildings. Located in the Metro West’s Golden Triangle, Mill & Main offers access from Rte. 128, I-495, Rte. 2, and the Greater Boston area. Mill and Main St. has a diverse tenant mix consisting of software companies, technology companies and insurance agencies.
“The city of Maynard is the ideal community to support our employees and growing business. We look forward to being a long-term local company that will provide jobs, economic growth, and sustainability initiatives,” said Bill Spellane, COO of Alaka’i Technologies.
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
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.
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: