Watertown, MA According to The Davis Cos., Firefly Health, a tech-enabled primary care and behavioral health provider, has leased 19,112 s/f of office space at 101 Walnut St.
Billerica, MA Nate Nickerson, senior associate at O’Brien Commercial Properties, Inc. brokered the sale of 19 Sterling Road Unit 2, Billerica, MA. The industrial condo was 5,329 s/f and it closed on April 21
st, for $650,000 or $122 per s/f.
With the expectation of employees returning to work, whether May 18th or a later date, companies need to be prepared to not only provide a safe environment now, but fundamentally alter their office spaces to accommodate employees’ newest priority: staying healthy and minimizing the spread of germs.
East Providence, RI While some municipalities in our state and throughout the world are facing financial hardship, the City of East Providence has received positive news from Moody’s Investors Service. East Providence has been upgraded to an A1 rating,
Leominster, MA Cornerstone Realty Capital has arranged $7.6 million for the acquisition of a 120-unit apartment property. Known as Hilltop Garden Apartments, the property consists of a unit mix of five studio units
Lowell, MA A joint venture between Novaya Real Estate Ventures, LLC and Hawk Properties has completed the sale of 55 Technology Dr. to Legacy Real Estate Ventures. The property consists of an 89,004 s/f, two story office and flex building.
Winchester, MA JLL has closed the $19.35 million sale of and arranged $13.32 million in acquisition financing for 45 Holton St., a 180,000 s/f, fully leased industrial warehouse building.
Dighton, MA Taurus Investment Holdings sold off a 550,000 s/f industrial/warehouse/manufacturing complex on 40.5 acres from its portfolio for $1.5 million. Jeremy Cyrier, CCIM, and Taylor Saulnier of MANSARD Commercial Real Estate represented the seller.
Norwell, MA New England Real Estate Journal launched a new YouTube show called NEREJ One-on-One with Rick Kaplan. They will be producing one interview weekly and you can find the show @ NEREJ One on One.
Internal Revenue Code Section 1031 allows for the deferral of capital gain tax if property held for productive use in a trade, business or for investment is exchanged for property of “like-kind.” For real estate, the definition of “like-kind” is quite broad.
