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Category: Owners Developers & Managers
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
Brooks Properties signs Dana Farber Cancer Inst. to 48,325 s/f
February 15, 2019
Methuen, MA Brooks Properties of Salem, NH, signed a long-term lease with Dana-Farber Cancer Institute to occupy more than half of the 96,000 s/f building at 5 Branch St. As the Valley Office Park’s anchor tenant, Dana-Farber will be making a substantial investment to convert the existing office space into a cancer care center
C.E. Floyd Co. promotes four executives in MA and CT
February 15, 2019
Bedford, MA C.E. Floyd Co. has promoted Chuck Tobin to COO, Pete Doucet II to director of MA operations, and Jeff Palmer to director of CT operations. The company also transited Norm Fournier from VP of Mass. operations to the role of advisor.
New England Real Estate Journal held the Multi-Family & Property Management Summit on January 31
February 15, 2019
Newton, MA The New England Real Estate Journal (NEREJ) held the Multi-Family & Property Management Summit on January 31st at the Boston Marriott Newton at 2345 Commonwealth Ave.
Hitting send can bind you - Don’t text and make a deal! - by Nisha Koshy
February 15, 2019
Technology is advancing at a breakneck pace. Our use of email and text messaging has drastically altered the way we communicate with each other. This is true not just in our personal lives but in our professional lives as well.
S/L/A/M Construction Services receives 2018 Design-Build Institute of America New England award
February 8, 2019
New Haven, CT S/L/A/M Construction Services (SLAM CS) was honored by the Design-Build Institute of America New England (DBIANE) with a Gold Award for the Chapel Haven Residential Education Building (REACH) project. SLAM CS accepted the award at the DBIA annual meeting and 2018 Awards Dinner held on January 10 at the Sheraton Framingham.
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