Benefits of exchanging into Delaware Statutory Trust properties - by Dwight Kay

There are a number of potential benefits associated with exchanging into a Delaware Statutory Trust (DST) 1031 property. However, it is important to note that these potential benefits should also always be carefully weighed with the potential risks that are possible with DST investments, and as with all real estate investments

McGeary of Northeast Private Client Group sells mixed-use property in Gardner for $2.32 million

Gardner, MA Northeast Private Client Group (NEPCG) has completed the sale of the Central St. mixed-use property. Senior associate Tim McGeary represented the seller and procured the buyers. The property sold for $2.32 million.

JLL reps. Hersha Hospitality in 164-key hotel sale

South Boston, MA JLL Capital Markets has closed the sale of Courtyard Boston South Boston, a 164-key select-service hotel.JLL represented the seller, Hersha Hospitality Trust. The sale price was not disclosed.

Gray, Gray & Gray completes 12 promotions

Canton, MA Gray, Gray & Gray, LLP has completed the promotion of 12 team members to new positions: Meghan Bay has been promoted to supervisor in the firm’s internal accounting department. She has been with the firm since 2013.

Clear the air: A guide to increased productivity and happier tenants through better IAQ

Boston, MA Before COVID-19, most people didn’t give their at-work air quality a second thought. It was an invisible problem, and easy to ignore. But times have changed. The pandemic raised awareness of virus transmission as well as the negative effects of poor indoor air quality (IAQ) on overall health and longevity.

NAI Glickman Kovago represents Harrell’s in 24,000 s/f lease renewal

Auburn, MA Harrell’s has signed a lease renewal to occupy 24,000 s/f of warehouse space at 19 Technology Dr. Harrell’s will use the property as a distribution facility for their business in New England. Harrell’s was represented by NAI Glickman Kovago & Jacobs principal, James Glickman, and vice presidents, Cody Miner and Nolan Ryan.

Kelleher & Sadowsky represents seller in $19.9 million sale of Westboro Executive Park

Westborough, MA Westboro Executive Park, a three-building class A office park totaling 217,288 s/f, located at 110, 112, and 114 Turnpike Rd.

The Conrad Group completes $3.2 million sale of 104 Longwater Dr.

Norwell, MA The Conrad Group has completed the sale of 104 Longwater Dr. for $3.2 million. The property, fully leased to five tenants at the time of sale, is located in Assinippi Park.

Kelleher and Pentore of Horvath & Tremblay broker $12.85 million sale of 22-unit Pleasant Court Apartments

Cambridge, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of The Pleasant Court Apartments, a 22-unit apartment building.

Colliers represents KS Partners in 30,000 s/f lease at 3 Allied Dr.

Dedham, MA Colliers has arranged five leases at 3 Allied Dr. totaling 30,000 s/f. Colliers completed the transactions on behalf of the landlord, KS Partners and the deals bring the class A, 161,078 s/f office facility to 100% occupied.