News: Front Section
Posted: August 20, 2021
The Stubblebine Co. arranges $6.5 million industrial building sale
Lawrence MA David and James Stubblebine, principals of The Stubblebine Company, arranged the sale of 21 Glenn St., a 93,580 s/f industrial building on 5.4 acres of industrial zoned land. The Stubblebine Co. represented the buyer, John Hernandez of JVJ Solutions. The sale price was $6.5 million. The buyer will occupy around 60,000 s/f and the balance is long-term leased. James Stubblebine said, “It was a pleasure working with the John Hernandez and the JVJ team and to successfully assist them to secure a quality, well-priced and well-located industrial park. I look forward to seeing a continued growth of this spectacular company.”
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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
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.
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.
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:
