Longwood Towers Complex To Fetch Nearly $80 Million
By Joe Clements
After a spirited competition among investors, pension fund giant TIAA-CREF has reportedly agreed to acquire the luxury Longwood Towers apartment complex in Brookline, industry sources told Banker & Tradesman last week.
Industrial Market in Balance But Sluggish in Third Quarter
By Joe Clements
While its fundamentals are nowhere near as disturbing as the office sector has been in 2002, industrial real estate is nonetheless showing signs of wear from the prolonged economic slump, with third-quarter figures indicating deteriorating conditions and several commercial real estate observers reporting laggard momentum in most Bay State submarkets.
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