Internal Revenue Code (IRC) Section 1031 allows a property owner, who holds property for “the productive use in a trade or business or for investment,” to defer paying any capital gains taxes if the property owner sells such property, identifies “like kind” property within forty-five days of the sale, and acquires other
Boston, MA Saam Architecture, a leading architectural firm known for its innovative design solutions and progressive firm culture, has announced the addition of six new shareholders. The new shareholders, Chin Chin Yao, David Goodman, Katie Kernizan
Leominster, MA According to O’Brien Commercial Properties, Utility Partners of America (UPA) has leased 20,000 s/f of warehouse space at 435R Lancaster St. UPA is a construction management and services company partnering with energy cooperatives to service utility infrastructure
Salem, MA Calare Properties has expanded its prime industrial property portfolio with the purchase of 1 Technology Way. The 84,700 s/f manufacturing facility sits on 16 acres in the high-demand Northern Boston market.
Seekonk, MA The Stubblebine Company/CORFAC International has brokered the sale of an IOS site at 75 Mead St. Matty Drouillard and James Stubblebine of The Stubblebine Company represented the buyer, Alterra IOS Acquisitions III, LLC, and secured the seller, Anawan Realty, Inc.,
Beacon Falls, CT Plans4Less, a construction technology enterprise providing a seamless blueprint ordering and delivery platform, formed a first-in-market blueprint partnership with PreconSuite, a leading end-to-end bidding Software-as-a-Service (SaaS) company
Uxbridge, MA JLL Capital Markets arranged the $120 million sale and acquisition financing for Uxbridge Distribution Center, a newly constructed 607,486 s/f distribution facility located at 40 Lackey Dam Rd.
Norwell, MA Ellis Realty Advisors welcomes Oliver Olsson to its leadership team. With nearly two decades of experience in marketing, strategic growth, and placemaking, Olsson adds an expertise in positioning transformative developments and fostering strategic partnerships.
Boston, MA Newmark completed the $108 million sale of National Healthcare Properties (NHP) ten-building medical office portfolio. NHP, a publicly traded healthcare real estate investment trust, sold the portfolio to a joint venture, between Altera Fund and TPG Angelo Gordon.
Greenwich, CT Stavros Filippidis and Tom Connor of Horvath & Tremblay have completed the sale of a six-unit mixed-use building. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $2.95 million which represents a 5.89% cap rate.
