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Staff and Wire Reports

Staff and Wire’s Recent activity

JV To Historic Boston Office Property for Residential Use
Mar 23, 2004
A 231,125 sq. ft. office building located in downtown Boston has sold for $27.5 million. The buyers — a joint venture between the Cresset Group and Third Sector New England — plan to convert part of Lincoln Plaza for...
Two Law Firms Sign on at the Times Square Tower
Feb 27, 2004
Boston Properties has signed two new leases at its Times Square Tower in midtown Manhattan. The leases — both signed by law firms — will absorb a total of 131,807 sq. ft. in the building...
Marriott: Web Sales Up 29%
Feb 23, 2004
Marriott International reports that its Web site set a record for revenue last year with gross sales of more than $1.4 billion. That was a 29% increase over 2002, according to the hotel company...
MuniMae Selects Loan Servicing Outsourcer
Feb 22, 2004
Municipal Mortgage & Equity (NYSE: MMA), a diversified real estate finance and portfolio management company, has announced plans to implement MortgageRamp’s DealCentral for Lenders...
Boston Shopping Center to Receive $30M Facelift
Feb 12, 2004
Edens & Avant, which owns grocery-anchored shopping centers, has announced a $30 million expansion and improvement plan for the 440,000 sq. ft. South Bay Shopping Center in Boston. The company is collaborating...
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