Twombly of Sovereign Realty leases 7,400 s/f to Manchester Athletic Club in The Whistle Stop Plaza
Todd Twombly of Sovereign Realty Advisors leased a 7,400 s/f building to The Manchester Athletic Club. Built this year the building is located in The Whistle Stop Plaza in a prime retail area adjacent to Station Place, another project the company built and leased.
Sovereign Construction handled the build-out for the tenant and also constructed the building for the owner, Braga Management. Sovereign Realty Advisors, formed in 2006, is a wholly owned subsidiary of The Sovereign Group a real estate, brokerage, development, private equity and construction company.
The Sovereign Group is made up of Sovereign Realty Advisors its commercial brokerage company, Sovereign Properties and Investments its development company, Sovereign Ventures its private equity company and Sovereign Construction the construction arm.
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,
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.
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:
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.