Woelfel, McDonald and Frisoli of Cushman & Wakefield broker 31,000 s/f lease to AngioDynamics
Cushman & Wakefield (C&W) completed a 31,000 s/f lease extension at Lake Williams Corporate Center located at 26 Forest St. C&W's Stephen Woelfel Jr., J.R. McDonald and Michael Frisoli represented the tenant, AngioDynamics.
"This lease represents a long term commitment from AngioDynamics to keep a footprint in Massachusetts," said Woelfel. "This location allows them to continue to recruit top talent in the Boston area. We were thrilled to assist them in securing a long term extension."
AngioDynamics is a leading provider of innovative, minimally invasive medical devices used by professional healthcare providers for vascular access, surgery, peripheral vascular disease and oncology. AngioDynamics' diverse product lines include market-leading ablation systems, fluid management systems, vascular access products, angiographic products and accessories, angioplasty products, drainage products, thrombolytic products and venous products.
Owned by Great Point Investors, LLC, 26 Forest St. is a 125,000 s/f, class-A office complex constructed in 2001 with access to the Mass Pike and I-49.
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:
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.