|
|||||
|
|||||
|
 |
 |
|
Issue of January 2, 2006 |     |
Experts Say Full Recovery Still ElusiveBy Joe Clements Commercial real estate has come a long way from the depths of the 2001 recession, but the journey to recovery remains at a distance, according to industry observers assessing the prospects for 2006. Davis Cos. Purchases Office Park From Berwind for $16.5 Million By Joe Clements A slice of Newton’s commercial real estate market has changed hands, with the Davis Cos. buying 1210-1230 Washington St. from Berwind Property Group. The three-building, 90,000-square-foot office park traded last week for $16.5 million, or approximately $183 per square foot. REIT Purchases Apartment Complex in Shrewsbury for $21.3M By Joe Clements Capping off an active year for multi-family sales, a leading real estate investment trust has purchased Ashford Crossing, a 180-unit apartment complex located just off Route 9 in Shrewsbury. Fairfield Residential LLC of San Diego paid $21.3 million for the property to BlackRock Realty. |
||
| ||
|
|
|
|
 |
Publishing Systems Powered By |
