News: Front Section

The Stubblebine Co. reps. Leewood Realty and FPMS in 38,000 s/f lease

The Stubblebine Company/CORFAC International represented Leewood Realty LLC manager Peter Schwarz and directly procured Fulfillment Print & Mail Solutions Inc. (FPMS) in a long-term lease of 38,000 s/f in the Leewood Building. Located at 60 Newark St. off I-495, with close proximity to I-93 and I-95, the 103,000 s/f Leewood Building sits on 11 acres of industrial land. "Fulfillment Print chose the 60 Newark St. after an extensive search because it offered quality manufacturing and distribution space at a very reasonable rate. Furthermore, the tenant was impressed with the Peter Schwarz's 'hands-on' approach and willingness to accommodate many of their key building upgrade requirements," said Stubblebine Co. vice president James Stubblebine. A provider of direct marketing and fulfillment services to businesses nationwide, FPMS is taking advantage of green upgrades to reduce its overall environmental footprint. These include energy efficient lighting, Energy Star-rated HVAC units, oversized windows to leverage use of natural light, low volatile organic compound paint and carpet, water efficient bathroom fixtures and an energy efficient infrared heating system Ideal for manufacturing and distribution, the Leewood Building was formerly occupied by companies such as Digital Equipment, Andover Medical and Pottery Collaborative, and accommodates multiple tenants. The Stubblebine Company/CORFAC International specializes in the lease and sale of large industrial/commercial properties throughout New England.
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
Columns and Thought Leadership
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:
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.
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.
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.