NAI Glickman Kovago & Jacobs facilitates sales in Shrewsbury, MA

Shrewsbury, MA NAI Glickman Kovago & Jacobs completed the sale of 701 & 713 Boston Turnpike. Michael Jacobs, principal and Jeff Borus, vice president assisted both the buyer, Boch Shrewsbury – Worcester, LLC, and the seller

Bulfinch names Yang as the firm’s new COO

Boston, MA The Bulfinch Companies, Inc. (Bulfinch) has hired Pamela Yang, CFA, CPA, CMGA, as the firm’s new chief operating officer. Yang will guide daily operations for Bulfinch

Reed of Stebbins Commercial brokers $2.6m sale

Manchester, NH  Mike Reed, president of Stebbins Commercial Properties LLC has completed the sale of 35,000 s/f office/warehouse building at 305 Massabesic St. from Ty-Flot, Inc., to Tokena Corp.  Reed of Stebbins represented the seller and assisted the buyer. 

Horvath, Tremblay and Nadler of Horvath & Tremblay sell three retail properties in New England for $12.275 million

Boston, MA Horvath & Tremblay has completed the sale of three retail properties in New England for a total of $12.275 million. Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of CVS Pharmacy in Boston. Horvath & Tremblay exclusively

BioMed Realty acquires 7.5 acre site at Assembly Sq., Somerville, MA

Somerville, MA BioMed Realty, a leading provider of real estate solutions to the life science and technology industries, has completed the acquisition of an existing 162,000 s/f office building and adjacent 7.5 acre site at Assembly Sq. The Assembly Sq.

Newmark handles $710 million recapitalization of The Innovation and Design Building for Jamestown

Boston, MA Newmark has completed the $710 million recapitalization of The Innovation and Design Building (The IDB), a 1.4 million-s/f mixed-use office complex located in the Seaport. Newmark co-head of U.S. capital markets Robert Griffin, vice chairman Edward Maher, executive managing director Matthew Pullen

Glickman and Ryan of NAI Glickman Kovago & Jacobs handle $1.175 million office building sale

Auburn, MA The 9,500 s/f professional office building at 304 Washington St. sold for $1.175 million.  The building was sold by NEMMG Realty Trust and purchased by Jim Kaloutas. 

A failed 1031 exchange may have tax benefits - by Bill Lopriore

An IRC section 1031 like-kind exchange started near the end of a tax year (December 31^st for many) will often not be completed until the following tax year. The regulations address how to handle incomplete exchanges and cash “boot” received by the taxpayer

JLL brokers $9.5m off-market sale of a 63,000 s/f warehouse facility

Woburn, MA JLL completed the sale of 8 Roessler Rd. The firm brokered the deal between buyer and seller. Oliver Street Capital purchased the fully leased 63,000 s/f high-bay warehouse facility for $9.5 million.

Boston Realty Advisors engaged by Boston Harley-Davidson for a sale leaseback of a 114,000 s/f mixed-use portfolio

Revere, MA Boston Realty Advisors (BRA) was exclusively retained by Boston Harley-Davidson to market an offering of three commercial buildings, located side-by-side on the border of Revere and Malden.  The properties, situated at 649-655 Squire Rd