 (2).jpg)
News: Front Section
Posted: December 30, 2016
What was your greatest professional accomplishment in 2016? - Steven King of Quonset Development Corp.
Steven King, Quonset Development Corp.2016 was another extremely successful year of growth at Quonset Business Park. Rhode Islanders overwhelmingly approved Question 5 on the ballot to invest in the success of the Port of Davisville with a $50 million bond to support the General Assembly and governor Gina Raimondo’s $90 million modernization plan for Pier 2 at the Port. We announced the approval of a 50 year lease with Finlays for a two-phase 93,000 s/f research and manufacturing facility at the park.
Finlays is a global leader in tea and coffee extracts, and in 2014 the company purchased Autocrat LLC of Lincoln, an iconic Rhode Island company. We saw the opening of the new J. Goodison Shipyard, which has invested more than $9 million to expand its operations at the Park. There are also several construction projects underway, including: Toray Plastics’ expansion, Gateway Offices phase 3, West Davisville Industrial Condos phase 2, Bella Energy Solar, and R.I. Air National Guard Flight Simulator, just to name a few.
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,
Columns and Thought Leadership
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.
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.
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.
