Front Section

Newmark Knight Frank completes five new office leases totaling 64,572 s/f for Campanelli-TriGate

Stoughton, MA According to Newmark Knight Frank (NKF), executive managing director Michael Frisoli, senior managing director Richard (Tyler) McGrail and associate Margaret Fee have completed 64,572 s/f in office lease

What do I need to buy for a fully tax-deferred 1031 Exchange? - by Bill Lopriore

A common question from taxpayers is “How much do I have to buy in order to defer my taxes?” While it’s important to have your tax advisor determine this, there is a shorthand way to figure out whether the purchase you are contemplating will be enough to successfully complete your exchange.

Garthoff of The Stubblebine Co. handles $2.05 million building sale

Waltham, MA Ellen Garthoff of The Stubblebine Company/CORFAC International has sold a 6,400 s/f industrial building to Marc Resnick at 1254-1256 Main St. for $2.050 million. The Stubblebine Co. represented the seller

MassHousing provides $42.7 million in affordable housing financing to AHSC to extend affordability

New Bedford, MA MassHousing has provided $42.7 million in affordable housing financing to Affordable Housing and Services Collaborative (AHSC) to preserve and extend the affordability for lower-income senior

Best practices for managing during a crisis - by Tim Curran

Emergency situations – whether they are sudden like a fire or continually developing crises like the COVID-19 outbreak – necessitate efficient responses from property owners and operators, and require established plans.

O’Brien, DeWolfe and Caron of GBCP handle 71,000 s/f in leases

Hopkinton, MA Bret O’Brien, Tyler DeWolfe and Kyleigh Caron of Greater Boston Commercial Properties, Inc. (GBCP) completed a 71,000 s/f leasing spree in the Hopkinton Technology Park.

New England chapter holds landlord breakfast event

Newton, MA The New England SIOR Chapter held its first event for 2020 on February 5, at the Newton Marriott. Approximately 42 SIOR members and guests were present with a special visit from the SIOR National president Mark Duclos.

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.