Category: Owners Developers & Managers
Hope for the best. Prepare for the worst - The most common claims in real estate - by Spencer Macala...
February 22, 2019
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.
How will my property insurance renewal be impacted by two years of record setting disasters? - Neil ...
February 22, 2019
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.
Colliers International Boston’s Southwest team leases 164,000 s/f in Cabot Business Park's 575 Wes...
February 15, 2019
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
The Dartmouth Co. brokers $51 million sale of 341 Newbury Street - exclusively represents the selle...
February 15, 2019
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.
Lila Delman Real Estate leads state with top sales in 2018 for 10th consecutive year
February 15, 2019
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.
Four tips for a smooth 1031 Exchange - by Bill Lopriore
February 15, 2019
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.
Newmark Knight Frank completes $71 million recapitalization for King Street Properties and The Carly...
February 15, 2019
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.
City of Marlborough commercial vacancy rates hit historic lows
February 15, 2019
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.
O’Brien and Gatti of Greater Boston Commercial Properties broker two building sale
February 15, 2019
Chelmsford, MA Bret O’Brien and Benjamin Gatti of Greater Boston Commercial Properties brokered the sale of two buildings to a single buyer. The properties located at 18 and 18A Alpha Rd. totaled 17,168 s/f and were purchased by the owner of Four Seasons Greenery.
Callahan, Whipple, Beaudry, Goldberg and Reardon of JLL represent Stantec in 46,668 s/f lease at 65 ...
February 15, 2019
Burlington, MA According to Nordblom Company and institutional investors advised by J.P. Morgan Asset Management, Stantec has signed a lease for 46,668 s/f of class A office space at 65 Network Dr. The second-floor space will serve as the new location of Stantec’s long-standing local operations
Haynes Group receives Best of South Easton Award
February 15, 2019
South Easton, MA Haynes Group has been selected for the 2018 Best of South Easton Award in the construction company category by the South Easton Award Program. Each year, the South Easton Award Program identifies companies that we believe have achieved exceptional marketing success
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