News: Front Section

Wood, McCostlin, Cleary and Losi of UGL Equis broker 19,500 s/f lease

Jackson Lewis has expanded its fourth floor space and renewed its lease at 75 Park Place. The firm increased its leased office space to a total of 19,500 rentable s/f, according to Christopher Wood, senior vice president and managing director of UGL Equis, who represented Jackson Lewis in negotiations. Wood was assisted by senior associate Adam McCostlin, senior vice president Robert Cleary and associate Derek Losi. The Druker Company Ltd. of Boston, the recorded property owner, was self-represented by Harold Dennis. The 122,000 s/f office property, located between the Financial District and the Back Bay section of the city, is a class A building constructed in 1984. "We were able to secure significant lease flexibility, good market concessions and a generous Tenant Improvement package for our client," said Chris Wood. Final terms of the lease agreement were not divulged. About UGL Equis Corporation UGL Equis is a corporate real estate firm that focuses exclusively on the business space user. The company has more than 42,000 affiliated employees in 14 countries around the world through its parent company UGL. Chicago-based UGL Equis provides comprehensive real estate solutions through portfolio strategy and management, transaction advisory, corporate finance, project services, workplace integration, data management, facility management, development management and audit and recovery services for national and global companies with office, industrial and retail opportunities throughout the United States, Mexico, Asia Pacific, Europe and the Middle East. UGL Equis and its sister company UGL Unicco, are subsidiaries of UGL Limited (ASX: UGL). For additional information, please visit www.ugl-equis.com. For further information, please contact: Chris Wood - UGL Equis: 312.424.8064 or Chris.Wood@ugl-equis.com Robert Cleary - UGL Equis: 617.832.2121 or Robert.Cleary@ugl-equis.com Richard Lindberg - UGL Equis: 312.424.8172 or Richard.lindberg@ugl-equis.com
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,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

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:
Four tips for a smooth 1031 Exchange - by Bill Lopriore

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

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.

Make PR pop by highlighting unique angles - by Stanley Hurwitz

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.