One Beacon Back on Sales Block
By Joe Clements
Barely 16 months after buying Boston’s One Beacon St., a New York-based investment group is putting the 34-story office tower up for sale, according to industry sources. It is unclear what price is being sought for the 1.1 million-square-foot structure, but some observers indicated the ownership is bullish the effort will yield a substantial gain above the $340 million paid by its current owners, the Feil Organization.
|
Investment Sales in Boston Off to a Fast Start in 2006
By Joe Clements
Accented by last week’s selection of a buyer for Boston’s One Federal St., sales of Hub commercial buildings are seemingly even more robust to begin 2006 than they were a year ago, with a slew of transactions nearing completion in both downtown and several fringe districts.
|
Chinatown Spot Still Awaiting a Developer
By Aglaia Pikounis
Just about a year ago, a nonprofit community-based developer in Boston’s Chinatown emerged as the sole bidder for a piece of property near the future Rose Kennedy Greenway. State officials, however, have yet to designate a developer for the site.
|
Program Aiming to Aid Homeownership
By Katie Curnutte
Despite rumors of a real estate bubble, home prices in the Bay State continue to inch upward, pushing homeownership out of the grasp of many low- to middle-income workers across the state. But a statewide program run by credit unions is aiming to keep homeownership in reach for low-income, first-time homebuyers.
|
|
|
TBHA Elects a Dozen Trustees, Gives Awards at Annual Event
By Joe Clements
Joseph F. Fallon was a no-show – not that there’s anything wrong with that – last week as the developer and 11 others were elected to inaugural terms on the board of trustees at The Boston Harbor Association’s annual meeting. Hosted by North Coast Seafoods at its new headquarters in the city’s Marine Industrial Park, the program also included tributes to harbor businessman Arthur Lane and other activists credited with championing the group’s namesake waterway.
|
|
