Boston Firm to Buy Equity Buildings Here
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Blackstone Group of New York is planning to sell the Washington portfolio formerly owned by Chicago-based Equity Office Properties Trust, one of the nation's largest landlords, sources close to the deal said.
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Anticipating Harvard University's expansion in Allston, the owner of the Sports Depot pub-style restaurant last week bought longtime neighbor Able Rug's real estate -- a 19th-century slap-dash warehouse-style building and a parking lot -- for $1.25 million.
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THE REGION Mortimer Zuckerman, chairman of Boston Properties Inc., sold about $75 million of shares in the real estate investment trust, benefiting from a soaring market for commercial office properties. Zuckerman, who also is owner of the New York Daily News, sold 579,222 common shares according to data from Securities and Exchange Commission filings compiled by the Washington Service. Boston ...
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Vornado Realty Trust  withdrew its cash and stock proposal to acquire Equity Office Properties Trust  on Wednesday, paving the way for private equity firm Blackstone Group to take over the top U.S. office landlord for $23 billion.
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One of Boston's oldest and largest law firms, Ropes &amp; Gray, is acquiring the New York intellectual property firm Fish &amp; Neave, joining what is shaping up to be a record number of consolidations in the legal community in 2004.
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Bank of America Corp. brought its Block by Block community reinvestment program to Massachusetts yesterday, kicking it off with a $40 million investment to turn an old Lawrence mill into 155 rental apartments that eventually will be converted to condominium units.
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Blackstone Group's real-estate arm is close to a deal to sell office buildings in Seattle and Washington, D.C., to Beacon Capital Partners, a Boston-based real-estate investment firm, for about $6.5 billion, the Wall Street Journal reported on Friday, citing a person familiar with the matter.
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Call it inside baseball. John W. Henry, commodity trader and principal owner of the Boston Red Sox, has ponied up $16 million for the 18,000-square-foot Brookline home of Los Angeles Dodgers owner Frank H. McCourt Jr.
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Camden Property Trust has agreed to buy Summit Properties Inc., a rival owner of upscale apartments, for about $1.1 billion. The two real-estate investment trusts Monday said the merger creates the country&#39;s
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A newly formed company said it plans to buy Miami Beach-based LNR Property Corp. (NYSE: LNR) for $63.10 a share in cash, or about $3.
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The Blackstone Group  raised its bid for Equity Office Properties Trust  to $55.50 per share in cash on Tuesday after rival bidder Vornado Realty Trust  sweetened its offer in the latest step in a fight to control the top U.S. office landlord.
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Boston Properties Inc., the real estate investment trust run by billionaire Mortimer Zuckerman, agreed to sell 5 Times Square for about $1.28 billion, a record price for a New York City office tower.
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US private equity firm Blackstone has had its Â£564m offer for listed UK nursing homes group NHP accepted. The successful completion of the deal would mark a big step forward in its ambition to build one of the UK&#39;s large homes providers.
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Yesterday's $70.8 million acquisition of Charter Financial Corp. by Boston Private Financial Inc. positions Boston Private to try to sweep up millions of dollars in new wealth that it believes is piling up in the Northwest.
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Equity Office Properties Trust  said on Friday it still preferred a $54-per-share cash takeover offer from private equity firm Blackstone Group despite a higher cash-and-stock bid of $56 per share from Vornado Realty Trust .
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The Boston Redevelopment Authority approved projects that could add nearly 400 residences in the city, including an expansion in Charles River Park. The BRA gave the green light to developer Equity Residential to move forward with the West End Residences at Emerson Place. The residences plan 306 rental apartments, 15 percent of which will be affordable. Equity said the project ...
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Virginia-based REIT will pay $1B, before transaction costs, for a 50% stake in the properties. NEW YORK  - Real estate investment trust Mills Corp. said Tuesday it will buy a 50 percent managing stake in nine regional malls from a General Motors ...