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The New York REIT bought the property, roughly a mile from Harvard University's business school, from an affiliate of the university. Urban Edge structured the transaction as the tail end of a tax-deferred exchange, effectively using most of the proceeds ...
Urban Edge Properties has paid $39 million, or $428.57/sf, for the 91,000-square-foot Brighton Mills Shopping Center in the Boston suburb of Allston, Mass. The New York REIT bought the property, roughly a mile from Harvard University's business school, from an ...
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