Longwood Towers on Sales Block, Conversion to Condos Said Likely
By Joe Clements
It has skirted the condominium craze for several cycles, but the time may have finally come for Longwood Towers in Brookline, with industry sources reporting that the 268-unit luxury apartment complex is being put up for sale in a campaign that will most likely be targeted at converters.
Suburban Sector in Recovery Despite Uneven Start to 2005
By Joe Clements
The suburban Boston office sector has finally “turned the corner” after three sparse years, but short-term gains will be measured, CBRE/Whittier Partners principal Michael F. Ripp told a commercial real estate gathering last week. Preceding the annual bus tour sponsored by the National Association of Industrial and Office Properties, Ripp said unsteady job growth and disappointing first-quarter results tempered a banner 2004, in which suburban leasing reached 4.6 million square feet of net absorption.
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