News: Front Section
Posted: April 1, 2022
The Conrad Group, Inc. brokers $2.6 million sale
Chicopee, MA The Conrad Group, Inc has recently sold 1125 Sheridan St. The building contains 39,600 s/f of space on 3.44 acres. The fully leased building is leased to Ferguson Plumbing.
Robert Conrad, president of The Conrad Group, said, “This building is a highly desirable asset. It has the location just off the Mass Pike, great office and warehouse space and an excess of outside storage space in a fenced in parcel.”
Conrad was assisted by James McEvoy, senior vice president of The Conrad Group. The firm represented both the buyer and seller in this transaction. According to the Registry of Deeds, the price was $2.6 million.
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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,
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Columns and Thought Leadership
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.
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.
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:
