 (2).jpg)
News: Front Section
Posted: May 30, 2013
Wallace of The Wallace Co., LLC brokers $1.05 million sale of 4,640 s/f Post Office
Mark Wallace of The Wallace Co., LLC, has sold the Sagamore Beach Post Office to Cap Realty Trust, Peter & Carol Gately Trustees for $1.05 million.
The building was constructed in 1999 and is 4,640 s/f, and sits on 1.5 acres of land. The Post Office is on a NNN, long term lease.
Sagamore Beach is located along the Cape Cod Canal and is the Gateway to Cape Cod.
The seller was Meeting House Lane Realty Associates, LLC and they were represented by John Hopkins, from Frank Sullivan Real Estate.
Tags:
Front Section
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,
.png)
Columns and Thought Leadership
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.
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.
