Boston Properties Considers Big Expansion of Prudential Center Proposal
Boston HeraldBoston Properties is considering more than doubling the size of its planned new Prudential Center tower in Boston's Back Bay. The Boston REIT is looking at possibly adding 400,000 square feet to the project originally proposed and approved...
Bank to Market Fairfax County, Va., Apartment Complex
Washington PostA California bank plans to market for sale a Fairfax County, Va., apartment complex with 300-plus units it holds as real estate owned. Fremont Investment and Loan of Fremont, Calif., bought the property, Ridgeleigh at Van Dorn Metro,...
BofA Lends $483Mln for NY’s One Park
Bank of America provided $483 million of financing to a venture between Blackacre Institutional Capital Management and Murray Hill Properties for its $550 million purchase of the 924,501-square-foot office building at One Park Ave. in midtown Manhattan.The five-year financing is...
Equastone Purchases Atlanta’s Equitable Building
Equastone has purchased the Equitable Building, a 624,642-square-foot office building in downtown Atlanta. A purchase price was not disclosed, but a source familiar with the property said it traded for about $55 million.The La Jolla, Calif., firm purchased the...
Two Office Buildings in Jersey City, N.J., Sell for $105.87Mln
Jersey JournalOnyx Equities has acquired two adjoining office buildings in downtown Jersey City, N.J., for $105.87 million. The Woodbridge, N.J., investor plans to redevelop the properties at 2 and 30 Montgomery St. into a 1.2-million-square-foot mixed-use project. The properties...
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