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Somers Place, 24 Battle Street, Somers, Connecticut
L&P Commercial was pleased to facilitate the sale of Somers Place in Somers, CT. Somers Place is an 8,004 square foot medical office building with five separate units. Somers Professional Place, LLC purchased the property on February 10, 2021, and the new landlord...
200 North Main Street, East Longmeadow, Massachusetts
L&P Commercial was pleased to fill eight vacant spaces at the Meadows Executive Center in three months. The Meadows Executive Center consists of 13 individual offices for rent with a shared conference room, waiting area, and kitchenette. The space was recently...
The Westwood Building, Westfield, Massachusetts
L&P Commercial is pleased to add four new tenants to the Westwood Building in Westfield, Massachusetts. The Westwood Building is a 97,311 square foot, class A office building located 1 mile from exit 3 on the Mass Pike. New England Realty Services, H&T Tax...
2020 Commercial Real Estate Market Review
The impact of COVID-19 on commercial real estate While the COVID-19 Pandemic has wreaked havoc on the retail and office market, residentialactivity has been on fire. According to the Census Bureau, annualized spending was $667 Billionin 2020 for residential real...
Understanding Letter of Intent
For example, understanding the lease type is critical to budgeting your rent. If the lease is a triple net (NNN) lease, then the tenant needs to understand that there are multiple expenses not included in the base rent. Triple net leases separate taxes, insurance and...
193 Western Avenue, Springfield, Massachusetts
L&P Commercial represented CGS Enterprises, INC. in selling two industrial condominiums at 193 and 195 Western Avenue in West Springfield, Massachusetts on March 6th, 2020. The two industrial condominiums are a rare find in the Western Massachusetts market as most...
9 Steps to Buying a Commercial Property
1) Hire a Commercial Real Estate Agent Commercial real estate transactions can often be lengthy, complicated, and unpredictable. Consequently, there are many benefits to hiring a commercial real estate agent who is familiar with the industry and the process of...
5 Steps to Leasing a Commercial Property
Leasing a commercial space is one of the first steps in starting a new business or expanding an existing business. While leasing commercial space seems straightforward, there are several important aspects of the process that can be complicated. With that said, we have...
0 Sheridan Street, Chicopee, Massachusetts
L&P Commercial was pleased to facilitate the sale of 2.4 acres of land on Sheridan Street in Chicopee, Massachusetts on November 1, 2019. Bill, President of L&P Commercial, represented Westover Metropolitan Development Corporation as the buyer’s representative...