City: Boston

July 26, 2001 Fairmont Hotels & Resorts Inc. has purchased a 50 percent equity interest in The Fairmont Copley Plaza Boston, a luxury hotel in Boston's Back Bay that it has managed since 1996.The $23 million deal also gives the ...

The opportunistic investor has sold a converted warehouse property on the city's waterfront to Lend Lease for nearly $198/sf. The sale closely follows the disposition of the bulk of its office and industrial portfolio in Dallas.

A venture between Amerimar Enterprises, Centrum Properties and Angelo, Gordon has hired Trammell Crow to market for sale Lafayette Corporate Center. The venture hopes to sell the office building for $140 million.

The insurer/pension firm has hired Placentia Group of Tampa to market for sale the $25 million mortgage on the Hilton Dedham Place, a 249-unit property outside of Boston.

June 28, 2001 Equity Office Properties Trust and Lend Lease US Office Trust, the joint owners of Promenade II in Atlanta, have increased the debt secured by the 38-story office tower by $20 million.The Lend Lease venture will use part ...

June 28, 2001 BOSTON – Jamestown has completed its $375 million, or $341/sf, purchase of One Federal Street in Boston. The property was purchased from Clarion Partners, which owned it on behalf of the IBM Retirement Fund. The purchase marks ...

The Hoffman family, which recently hired Trammell Crow to market a development property along Boston Harbor, has received 10 offers in the first round of bidding for the 360,000-sf site.

June 25, 2001 BOSTON – Boston Devonshire Investors LLC has paid $18.72 million, or $237/sf, for 185 Devonshire St. in downtown Boston's financial district.The investment group purchased the 79,000-square-foot office building from AEW Capital Management. AEW was advised on the ...