Wood of HK Group brokers two restaurant leases totaling 2,836 s/f
Kerry Wood, vice president at HK Group in Westport, brokered two restaurant leases in downtown. Bagel King of Bridgeport will open its downtown location at 274 Fairfield Ave., in 1,236 s/f of space with an outdoor patio. Bare, Tapas & Vino, will open at 277 Fairfield Ave. in 1,600 s/f of space, also with an outdoor patio. Each location has unique outdoor seating areas, basement storage, and access to plenty of parking. Both restaurants are planning to be open by the end of September.
Bagel King will provide coffee, breakfast, lunch, and of course, bagels. Bagel King also caters and will grow its business with the neighboring office clientele in the catering area. This is the second restaurant for the owner's of Bare but they are rolling out a new menu featuring quality tapas, a large selection of wines, and offering guests a private dining area.
The surrounding neighborhood is home to several restaurants, a new independent movie theater, offices, and residences. With the influx of new residential units overall, the downtown has seen many new business move in to accommodate the growing population.
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,
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.
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.
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.