Commercial real estate property sold for more than $63M

A real estate investment and management company recently completed a commercial property sale in Massachusetts. The commercial real estate property is an office building located in the city of Worcester. Another real estate investment partner acquired this property for a total of $63.5 million.

The office building spans more than 413,000 square feet. It underwent...

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Commercial real estate eyed as strong area for investment

With the recent turmoil in the stock market following the election of Donald Trump, many investors throughout the United States, including in Massachusetts, have been analyzing their investment strategies to determine the best routes to take. One area that has garnered increasing attention is commercial real estate -- specifically private-equity real estate. This...

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Tips for negotiating a commercial lease – Part 2

This second installment in our blog series devoted to commercial leases examines some of the strategic points to consider in lease negotiations.

Price is probably the first lease term that comes to mind. Yet this term is also highly subjective, depending on factors such as the location of the commercial neighborhood, its reputation, and other...

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Tips for negotiating a commercial lease – Part 1

This two-part blog series is devoted to commercial leases: tips for negotiating advantageous terms, as well as guidelines for evaluating whether it might be time to move on.

As context, consider the example of Manhattan’s Park Avenue office district. The name is often associated with big corporations and investment firms. However, a recent article profiled...

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Is it possible to terminate a commercial lease early?

In a previous blog post, we discussed some of the specific clauses that business owners would be wise to ensure are included in a commercial lease. Above all, commercial lease should include provisions that serve to preserve and protect a business owner's interests. In cases where a business owner subsequently wants to terminate...

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