Boston’s Office Condo Resurgence Setting Stage for Financial Freedom
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| Coral Gables, Fla.-based Bayview Financial purchased 185 Devonshire St. in Boston’s Financial District and converted it into 30 office and three retail condominiums. Thirty percent of the condos have been sold. |
By Jeffrey Becker
With office rents skyrocketing, vacancy rates declining and premium office property a scarce commodity, Boston is seeing a quiet resurgence of office condominiums.
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