Equity Office Loses Tenant, Gains Building in Burlington
Bank of America Leaving New England Executive Park; 25 Burlington Mall Road Price Tag Could Top $50 Million
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| Equity Office Properties is said to be buying 25 Burlington Mall Road, a 277,000-square-foot, 6-story building in Burlington. |
By Joe Clements
Equity Office Properties appears to be losing a major Burlington tenant but gaining an even larger office building in that suburban Boston community. According to industry sources, the Chicago-based real estate investment trust is saying goodbye to Bank of America at 7 New England Executive Park while at the same time agreeing to acquire 25 Burlington Mall Road from Prudential Real Estate Investors.
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