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Pierce and Verenis of Marcus & Millichap arrange 1031 Exchange of two properties totaling $3.073 million

Somerville, MA Marcus & Millichap has completed the sale of Perry St. Apartments, a three-unit apartment property located at 49-51 Perry St. in Somerville, and 16 Grove St., a six-unit apartment property located in Providence.

The Davis Cos. completes three leases totaling 31,650 s/f at Cityside

Waltham, MA The Davis Companies has completed three new leases totaling 31,650 s/f at Cityside, its class A, 300,000 s/f office propertylocated less than one mile east of Rte. 128 and adjacent to a revitalized

The Stubblebine Co. brokers $2.175 million building sale

Attleboro, MA David and James Stubblebine, principals of The Stubblebine Company/CORFAC International, have sold a 41,742 s/f fully leased property situated on seven paved rail served acres at 50 Fuller Ave. for $2.175 million.

The Hamilton Company acquires 181-unit Mill Street
Garden Apartments for $59.5 million from Ninety-Three LP

Woburn, MA The Hamilton Company, through its affiliated partner, New England Realty Associates LP, has acquired the 181-unit Mill Street Garden Apartments for $59.5 million, with pre-approved plans to build an additional 72 units on land across

RFR completes $5 million multi-year transformational
redesign and upgrade campaign at Stamford Plaza campus

Stamford, CT According to RFR, they have completed a $5 million multi-year transformational redesign and upgrade campaign at the company’s Stamford Plaza office campus in the downtown business district. The company said the results

Wood and Quinn of SVN | Parsons Commercial Group | Boston
handle $1.05 million building sale the seller, DQ Associates

Natick, MA SVN | Parsons Commercial Group | Boston has completed the sale of 6 Union St. for $1.05 million. Advisors, Alex Wood and Garrett Quinn of SVN | Parsons represented the seller, DQ Associates

Can you exchange one property for multiple properties, or multiple properties for one property, in a single 1031 exchange? - by Bill Lopriore

Taxpayers often ask whether they can exchange out of more than one relinquished property for a single replacement property, and whether they can exchange into more than one replacement property for a single relinquished property.

Marr of Keliher Real Estate leases 1,500 s/f

Boston, MA Doug Marr of Keliher Real Estate has leased 1,500 s/f of office space at 130 Tremont St. This penthouse unit overlooks the Boston Common and the State House.

DeStefano completes Phase One of renovations at the Foster’s Building

Dover, NH DeStefano & Associates, Inc. has completed Phase One of the renovation of the former Foster’s Building in downtown. The existing building consists of 19th and 20th century construction and will have 60,000 s/f of mixed use space

NKF orchestrates sale of 179 Lincoln St. in Boston

Boston, MA Newmark Knight Frank (NKF) has completed the sale of 179 Lincoln St. in downtown, on behalf of Invesco Real Estate to Blackstone Real Estate. The sale price was not disclosed.