Murphy PC Advises on Sublease of 25,000 Square Feet For Renewable Energy Battery Company

January 17, 2025-Murphy PC represented a renewable energy battery manufacturing company in a sublease of approximately 25,000 square feet of industrial space in Wilmington, Massachusetts. Our client’s renewable energy battery manufacturing company plays a critical role in supporting the transition to sustainable energy systems which contributes to designing, producing, and distributing energy storage solutions that are essential for renewable energy systems, such as solar panels and wind turbines.

Murphy PC is a law firm based in Boston, Massachusetts providing legal services to developers, investors, and lenders in real estate and business transactions, including joint ventures, project development, acquisitions and sales, construction contracts, financing, leasing, and title insurance in residential, mixed-use, condominium, multi-family, office, retail, education, industrial, hotel, retail and restaurant transactions.

 

News & Insights

Potential Property Tax Deduction Cap: Risks for Real Estate Developers and Investors

March 10, 2025 | Author:  David J. Murphy What’s being proposed? Congress is negotiating a tax and fiscal package that threatens the commercial real estate industry. Lawmakers have proposed capping or eliminating state and local business property tax deductions. This proposal faces strong opposition from...

Murphy PC Advises on Joint Venture Preferred Equity Investment in a $50M Multifamily Acquisition in Georgia

Murphy PC represented a Boston-based preferred equity investor who partnered with a sponsor in a $50,000,000 acquisition of a 268-unit multifamily property in Georgia. The transaction involved the assumption of a Fannie Mae loan and featured a substantial preferred equity position with a sponsor who...

US Commercial Real Estate Cap Rates Hold Steady in Late 2024

March 2, 2025 | Author:  David J. Murphy According to CBRE’s H2 2024 Cap Rate Survey, commercial real estate cap rates have generally stabilized during the second half of 2024, with variations across different property sectors and strategies. This stabilization comes after a period of...