 (2).jpg)
News: Front Section
Posted: November 25, 2016
Volpe of Coastal Commercial brokers sale of 7,884 s/f commercial building
Michael Volpe, Coastal Commercial Real Estate
1440 & 0 Purchase Street - New Bedford, MA
New Bedford, MA Coastal Commercial Real Estate completed the sale of a commercial building located at 1440 & 0 Purchase St.
The building consists of 7,884 s/f of retail commercial space, on a 0.13 acre parcel.
Freedom Restoration & Cleaning, LLC purchased the property. The property will be an additional location for their commercial/disaster carpet cleaning and restoration. Freedom Restoration & Cleaning is headquartered at 531 Main Rd, Tiverton, R.I.
The sellers were, Paul L. and Bernadette Morency. The sale price was undisclosed. The seller and the buyer were represented by Michael Volpe from Coastal Commercial Real Estate.
Coastal Commercial is a division of The Nery Corp. and specializes in the sales and leasing of office, retail, commercial, industrial and warehouse properties.
Tags:
Front Section
MORE FROM 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,
.png)
Columns and Thought Leadership
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
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
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
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.
