Front Section

Eagerly awaiting a Covid-19 extension for 1031 Exchanges - by Pajonas, Scheriff and Walther of 1031 Exchange Services

A 1031 exchange is a tax strategy used by real estate investors to defer capital gains tax recognized upon the sale of real estate. In order to successfully complete a 1031 exchange

NEREJ launches a new YouTube show called NEREJ One-on-One with Rick Kaplan

Norwell, MA New England Real Estate Journal has launched a new YouTube show called NEREJ One on One with Rick Kaplan. We will be producing two interviews weekly and you can find the show @ NEREJ One on One.

ECO Logic hired by Fitchburg State University to prepare campus buildings for response to COVID-19 Pandemic

Fitchburg, MA ECO Logic Ltd., a company that maintains textiles and flooring for commercial clients using environmentally friendly solutions, was hired by Fitchburg State University to sanitize and disinfect 460,000 s/f across multiple buildings on campus, including dormitories, in preparation to assist  the response to the COVID-19 pandemic.

NKF orchestrates sale of leasehold interest in 60 State St. in Boston

Boston, MA Newmark Knight Frank (NKF) has completed the sale of the leasehold interest in 60 State St. in downtown, on behalf of institutional investors advised by J.P. Morgan Asset Management and Oxford Properties Group to Starwood Real Estate Income Trust, Inc.

PROVA leases 14,000 s/f at Cummings Properties’ 48 Dunham Ridge

Beverly, MA Businesses at 48 Dunham Ridge welcomed an aromatic new neighbor: PROVA, INC. The French extract and flavor manufacturer moved its North American headquarters from Danvers

Jefferson Apartment Group acquires J Highlands
at Hudson for $33.5 million - a 158-unit apartment community

Hudson, MA Jefferson Apartment Group (JAG) has closed on the acquisition of J Highlands at Hudson, a 158-unit apartment community in the MetroWest corridor of Boston with partner, Principal Real Estate Investors.

Eastern Bank commits over $10 million to aid those impacted by the COVID-19 crisis

Boston, MA Eastern Bank and Eastern Bank Charitable Foundation have committed to over $10 million in funding to help offset the impact of th...

O’Brien and Gatti of Greater Boston
Commercial Properties, Inc. broker $2 million building sale

Medway, MA Bret O’Brien and Ben Gatti of Greater Boston Commercial Properties, Inc. sold the 28,862 s/f industrial building at 4 Marc Rd. to 4 Marc Road, LLC for $2 million.

A silver lining coming from the COVID-19 crisis - by Rick Kaplan

I have been reading and listening to all the reporting on the COVID-19 and it is all bad news. It has got me thinking, which is never a good thing. Is there anything positive that can come from this situation? I feel there is so much uncertainty about the virus, economy and just everyday life as we know it.

Neary of Coastal Commercial handles building sale

Dartmouth, MA - Coastal Commercial Real Estate has completed the sale of the commercial building and real estate at 1402 Tucker Rd. The 1,941 s/f Victorian building was acquired by Kelly Almeida,