In the Northeast, winter months bring ice, snow, freezing cold temperatures, and insurance claims. Frozen pipes are one of the most common causes of winter related insurance claims. Fortunately, these types of insurance claims can be prevented.
Many of us don’t think about what will or won’t be covered by insurance until it’s too late. Whether due to unexpected of catastrophic storms or less dramatic, relatively expected issues and incidents, buildings are susceptible to damages both inside and out.
2018 was the fourth costliest year on record for insured losses - 2017 was the second costliest year. Combined, 2017 ($140 billion) and 2018 ($90 billion), represent the most insured losses for back-to-back years on record.
Mansfield, MA Colliers International Boston’s Southwest team signed three leases totaling 164,000 s/f in Cabot Business Park’s 575 West St. and 20 Cabot Blvd. The increasingly tight 495 South submarket, which lost half-million-s/f occupier, Covidien/Medtronic
Boston, MA The Dartmouth Co. has completed the sale of 341 Newbury St., located in the city’s Back Bay neighborhood. The Dartmouth Co. exclusively represented the seller, Danker & Donohue Garage Corp. and procured the buyer, who prefers to remain anonymous.
Narragansett, RI With $480,503,858 in total sales volume, Lila Delman Real Estate continued to lead the state with top sales in 2018, maintaining the highest market share and sold dollar volume for $1 million+ properties statewide. 2018 proudly marked Lila Delman’s 10th consecutive year as the statewide leader of sales over $1 million.
Old Saybrook, CT Washington Trust’s Commercial Real Estate Group provided $3.3 million to 923 Boston Post Road Associates, LLC, for th...
Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
On behalf of King Street Properties and The Carlyle Group, vice chairman Edward Maher, executive managing director Matthew Pullen, managing director James Tribble and director Samantha Hallowell of NKF’s Boston Capital Markets team oversaw the recapitalization of the class A laboratory asset with HCP, Inc.
Marlborough, MA More than 20 companies moved to or expanded in town in 2018, together occupying over 250,000 s/f of commercial space and creating upwards of 350 jobs. This is according to the Marlborough Economic Development Corp. (MEDC) 2018 Annual Report released at the organization’s annual board of directors meeting.
