News: Front Section

True Storage Opens 111,000 s/f self-storage facility in Bourne, MA

170 Clay Pond Road - Bourne, MA

Bourne, MA True Storage recently opened its fifth class A self-storage facility. The newest location, located at 170 Clay Pond Rd., is managed by CubeSmart Self Storage, and not only offers a convenient location but a flexible gate and office hours for its customers. The renovated facility, stationed in the former Grand Union supermarket, boasts more than 111,000 s/f, with a total of 1,033 mixed units. Majority of the units are located indoors and feature easily accessible climate-controlled units, multiple loading bays, and elevator access to the second floor. The remaining units located outside offer drive-up access.

This CubeSmart location also features premium safety and security with top-notch security gates and 24-hour video recording, high-end finishes, friendly on-site staff, and a retail store for all of your packing and shipping supply needs.

“We recognized the need for climate controlled self-storage on Cape Cod, and this location in Bourne off Rte. 28 is amazing for the residents of the area, as well as vacationers to both the Cape and Martha’s Vineyard,” said Chris Lewis, director of architecture & design for True Storage. “As developers, we strive to be good stewards of the environment so when we can repurpose an underutilized structure, we do. In this case, the building had been vacant since 2008, so it was a great opportunity to bring a sense of life back to the neighborhood. By partnering with CubeSmart, the facility provides the stability, professionalism, and reassurance to the residents of Bourne that this storage facility will be a positive part of the community.”

MORE FROM Front Section
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
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.

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.