Survey: Abundance of Capital Feeding Demand for Property
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| The Blackstone Group’s $39 billion purchase of Equity Office Properties in February included more than 10 million square feet of signature office space in Greater Boston. Center Plaza in Boston’s Government Center, above, was among the buildings in that portfolio. |
By Thomas Grillo
No deal is too big. That’s the finding of a survey that said 10 years of cautious optimism has given way to exuberance as plentiful capital has fed an unquenchable demand for commercial real estate.
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