News: Front Section

Tosti, Walles, McGuire and Powers of CBRE/NE broker 9,183 s/f lease

CB Richard Ellis/New England, a joint venture partner with CB Richard Ellis, has brokered a new 9,183 s/f lease on behalf of Capital Group Properties & Secured Realty with new tenant Kenney & Sams, P.C. at 134 Turnpike Rd. The CBRE team of Chris Tosti, executive vice president/partner, Rob Walles, senior vice president/partner, Robert McGuire, senior vice president/partner, and Alison Powers, associate, represented Capital Group Properties & Secured Realty. Representing Kenney & Sams, P.C., a litigation boutique law firm with offices in Boston and Metrowest, were Matthew Giffune, assistant vice president, and Rick Schuhwerk, vice president, at Jones Lange LaSalle. "We are pleased to have helped facilitate this transaction," said McGuire. "A new lease of this size is not only a testament to the quality of the asset and the ownership, but also to the strength of the Metrowest market." 134 Turnpike Rd. is a 50,000 s/f class A office building located on Rte. 9 adjacent to the Sudbury Reservoir and clost to I-90 and I-495. Southborough Place is a three-building office park with over 250,000 s/f. Southborough Place is owned and managed by Capital Properties Group & Secured Realty. 134 Turnpike Rd. is exclusively leased by CB Richard Ellis.
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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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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.
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:
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.