News: Front Section

The Diamond Group completes 4,477 s/f in leases at 603 Concord Avenue

The Diamond Group completed 4,477 s/f in leases at 603 Concord Ave. Under the representation of Richard Diamond, the newly built commercial space was leased to CareWell Urgent Care and Orthodontics of Cambridge. 603 Concord Ave. is a brand-new, multi-use building located in West Cambridge. After construction was completed in January, the building consists of 61 residential apartments and three retail spaces on the ground floor of the new building. Directly across from the Fresh Pond Shopping Center, this unique building is at the cross roads of one of the busiest intersections in the city. CareWell Urgent Care, represented by Mark Sobel of 1st US Reality, has already begun renovating their new 3,216 s/f space, which is located on the ground floor of 603 Concord Ave. CareWell Urgent Care is an urgent care center that provides emergency care without an appointment with certified doctors. This will be CareWell's second location in the city. Orthodontics of Cambridge will be moving their practice from down the street to 603 Concord Ave.'s 1,261 s/f retail space. Dr. William Murthy will be bringing his practice to the busy area to provide orthodontic care to the community and surrounding areas. The Diamond Group, founded in 1998, is a full service commercial real estate company. The firm specializes in providing its New England clients - landlords, tenants and developers - with a "boutique approach" and unparalleled service.
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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

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.
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: