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| Issue of October 21, 2002 |
New Boston Fund Sets Sights On Hub’s 116 Huntington Ave.By Joe Clements Even as another Boston office building hits the trading block, it appears 116 Huntington Ave. is about to be pulled off, with sources telling Banker & Tradesman last week that the New Boston Fund has agreed to buy the 11-year-old Back Bay structure. Flex Buildings Bending a Bit, Not Breaking in Down Market By Joe Clements It often pays to be flexible, and certainly that is the case these days with the commercial real estate industry. While office space and other sectors have been hit hard by the prolonged economic downturn, so-called flex buildings have been surprisingly resilient, attracting both investor and user interest. |
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