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Mass Prim, Allianz And Beacon Pay $845M For Boston's Exchange Place Tower | News | Ipe Ra
IPE Real Assets understands that Mass PRIM will own a 49% stake in Exchange Place. : The Exchange Place skyscraper in Boston has been sold for $845m (€743.5m) to Massachusetts Pension Reserves Investment Management Board (Mass PRIM) Allianz Real Estate, and Beacon Capital Partners. In December 2011, UBS Realty Investors bought the 53 State Street office tower in Boston’s financial district from Brookfield Office Properties for $610m. Media reports this year indicated that UBS was planning to sell the 40-storey ... Full investment news article
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Boston Tech Watch: Endeavor, Building Ventures, Learnlux, Etq, Cogito
The spigot is still wide open for venture funding as cash continued to flow into Boston startups this week. Smart scooters and military robots rounded out the week in tech news. Read on for more: —Luminoso, a Cambridge, MA-based natural language processing startup that helps businesses digest customer feedback, says it has raised a $10 […] Full investment news article
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Borealis Ventures,