Front Section

Myths and misconceptions cloud the real danger of capping 1031 exchanges - by Stephen Breitstone

Congress is considering various means of financing President Biden’s $1.8 trillion American Families Plan, and an essential tool in the rebuilding of our American economy–1031 like-kind exchanges–is at risk as part of that proposal.

Preserving your building & cultivating the first impression - by Mark Aquilino

When you arrive for that job interview either in person or via Zoom, and your tie is askew or your suit is ruffled, well, I wish I could tell you no one was going to notice. I would be lying to you though. They are definitely going to notice.

Galvani and Parsons of SVN | Parsons negotiate 22,000 s/f lease for SRS Distribution, Inc.

North Attleborough, MA SVN | Parsons Commercial Group | Boston has completed a 22,000 s/f lease at 76 George Leven Dr. for SRS Distribution, Inc. Victor Galvani, the vice president of investment sales for SVN | Parsons, represented the tenant, SRS Distribution, Inc.

Jumbo Capital sells former lottery building to Mass General for $14 million

Braintree, MA Jumbo Capital Inc. sold the former lottery building at 60 Columbian St. to Mass General Brigham Integrated Health Care System for $14 million. Jumbo purchased the 30-year-old building for $10.25 million in 2016.

US2 and the city of Somerville break ground on $2 billion project - working with Gilbane Building Company and Cranshaw Construction

Somerville, MA The city’s most historic neighborhood, Union Sq., has embarked on a momentous transformation and readies for an economic revival of great proportions as US2, together with the city and mayor Joseph Curtatone, break ground on USQ, a $2 billion, 15-acre mixed-use, transit-oriented development

Griffin Electric completes work to athletic facilities at UConn - working with O’Connell’s Sons; Newman Arch. and BVH

Storrs, CT Wayne J. Griffin Electric, Inc. (Griffin Electric), a leading electrical subcontractor throughout New England and the Southeast for over four decades, completed work on UConn’s Athletic District Development. Spanning 23 acres,

Subleasing: An important tool for tenants and landlords during the pandemic and after - by David Connolly

With the U.S. hitting an all-time high of 158 million s/f of subleased space as of July 2021, the spike in subleasing during the pandemic will continue to heavily influence the commercial real estate market. The fluidity of this situation is likely to continue well into 2022

Horvath & Tremblay’s Kelleher, Pentore and Norton handle $6.5 million sale of Union Grove Apartments

Methuen, MA Dennis Kelleher, John Pentore, and Spencer Norton of Horvath & Tremblay have completed the sale of the Union Grove Apartments. The trio represented the seller and procured the buyer to complete the transaction at a sale price of $6.5 million a

Eastern Bank welcomes Stanley Tree Service, Inc. as a commercial customer

Boston, MA According to Eastern Bank, Stanley Tree Service, Inc. has joined as a new commercial banking customer. Stanley Tree was founded in 1986 as a residential tree trimming and service company. It has grown to serve many commercial accounts and major electric utility customers

Cresa manages corporate relocation for global life sciences company Abcam

Waltham, MA The Boston office of Cresa was engaged by Abcam for site selection, transaction management, and project management services. As a global life sciences company, Abcam identifies, develops, and distributes high-quality biological reagents and tools that are crucial to research, drug discovery and diagnostics.