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Round leased commercial property. Joseph McNabb is an attorney at Bingham Dana LLP in Boston, Massachusetts, specializing in commercial real estate transactions. YOUR CLIENT RECENTLY DECIDED to sell a hotel located on a ground leased parcel. He bought the property at a discount a few years ago and stands to make a substantial profit selling in the current market, so you ve got a very motivated seller who wants to move fast. While the broker is preparing a glossy offering memorandum and vettin.
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