News: Front Section

The Paul Herrick Group of Keller Williams sells out Windover Dev.'s $11.3m building

The Paul Herrick Group of Keller Williams Realty has sold Depot Square Condos. This construction complex has 46 residential and two commercial condo units on Rantoul St. Windover Development has completed the $11.3 million, 48,000 s/f residential/commercial building, Depot Square. The building is in the Rantoul St. area. The building took eleven months from demolition of the pre-existing structures until the buildings' first move ins. Thought and planning was put into every element of construction, from the limestone foundation for water retention to copper flashing and gutter system making the building stand out. The builder, an affiliate of Windover Development, LLC, feels that due to energy costs homeowners will welcome the option of moving to a location where public transportation and service oriented commercial establishments are close. The Paul Herrick Group was able to close all units in just over one year, selling one bedroom units from $189,000 - $299,000 and the two bedroom units from $269,000 - $419,900. This project is the beginning of a proposed multiple phase project focused on transit oriented development and service-oriented commercial establishments.
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
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.

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.
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: