The Stubblebine Company brokers lease to Northbridge Building Products
The Stubblebine Company/CORFAC International and Marcus Millichap recently brokered a long-term lease at 305 Industrial Ave. to Northbridge Building Products. The property is the former MG Logistics trucking terminal.
James and David Stubblebine of The Stubblebine Co. represented Mark Assetta of Industrial Ave. East Realty Trust and Schuyler Boylan of Marcus Millichap represented Northbridge Building Products.
Northbridge Building Products is a national lumber wholesaler.
The Stubblebine Company/CORFAC International specializes in the lease and sale of large industrial/commercial properties throughout New England.
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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.
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.
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.
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: