Wallace of The Wallace Co., LLC completes $890,000 sale of 400-402 North Main St.
Mark Wallace of The Wallace Co., LLC recently completed the sale of 400-402 North Main St. The property is an 8,500 s/f office building. Peter Gately of Cap Realty Trust sold the property to New Life Counseling & Wellness Center for $890,000.
Wallace represented the buyer and seller in the transaction. New Life Counseling was pleased to acquire the property. The purchase will allow them to consolidate their operations under one roof for the convenience of clients and employees.
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,
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.
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:
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.
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.