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Who is the “tax owner” and why it matters in §1031 exchange - by Lynne Bagby

In a 1031 tax deferred exchange, the same tax owner that sells the relinquished property must buy the replacement property. This issue arises frequently in New England as many times the taxpayer does not wish to have the same person or entity on the deed to the replacement property or is not sure who that person or entity should be.

Hancock Associates opens office in Newburyport

Newburyport, MA Hancock Associates opened their new branch at 18 Center St., Suite One. The office is focused on serving clients in northern...

Beal and Gifford of Perry Brokerage Associates handles 20,800 s/f lease to Road To Responsibility

Norwell, MA Rich Beal and Jon Gifford, president and executive vice president, respectively, of Perry Brokerage Associates (PBA) have assist...

Alvarado and Parsons of SVN | Parsons lease 7,656 s/f for CMS

Brookline, MA SVN | Parsons Commercial Group | Boston has leased 7,656 s/f at 209 Harvard St. The building is the home to predominantly medi...

Workbar to open 12,000 s/f space at 399 Boylston St.

Boston, MA Workbar has plans to open a 12,000 s/f space located at 399 Boylston St. in Back Bay this month. Centrally located outside of the...

Stang joins Coastal Commercial as sales and leasing broker

New Bedford, MA Richard Stang, Esq., has joined Coastal Commercial Real Estate as commercial sales and leasing broker for Massachusetts and ...

NAI Hunneman completes 11,061 s/f office/flex lease for Calare Properties

Chelmsford, MA NAI Hunneman completed an 11,061 s/f office/flex lease transaction with cab technology, inc., at 21 Alpha Rd. The product and...

Griffith and Pepdjonovic of Marcus & Millichap handle $2.7 million sale

Rockland, MA Marcus & Millichap compelted the sale of The Rice Building, a 23-unit mixed-use investment property located at 346 Union St...

Colliers International signs two new tenants at 6 Kimball Lane

Lynnfield, MA According to Colliers International’s North team, comprised of executive vice president Greg Klemmer, senior vice presid...

Skanska sells its portion of Watermark Seaport for $60 million

Boston, MA Skanska has, in partnership with Twining Properties, divested its Watermark Seaport multifamily development, to CLPF Residen...