Albert Phelps, managing and leasing agent for Merritt 7 Corporate Park has earned the U.S. Environmental Protection Agency's (EPA) Energy Star award, the national symbol for protecting the environment through superior energy performance.
Merritt 7 is one of the only office parks in the state to have earned the Energy Star label for energy efficiency and environmental performance.
Merritt 7 received Energy Star recognition for Buildings 201, 301 and 401, three of six buildings that make up the 1.4 million s/f office complex. By earning the Energy Star, Merritt 7 is using approximately 35% less energy than average buildings, while still providing quality service and comfort to its tenants.
Through a collaborative effort between Phelps, and ING Clarion, the property owner/asset manager, numerous actions were taken over a several year period to make the buildings more energy efficient.
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,
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.
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.
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.
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: