Unconfirmed reports state that the 615,000-sf office and retailcomplex could get as much as much as $140 million. The Center was afailed mall when the Barkets stepped in and developed 80,000 sf ofretail space and 535,000 sf of office space in the floors above.State Street Corp. leases 400,000 sf there while MFS InvestmentManagement leases the remaining 135,000 sf.

Reportedly, there will be strong interest in the propertybecause of the recent rebirth of this area. A new hotel--theRitz-Carlton--is being developed nearby as well as luxurycondominiums. Emerson College is also moving its campus into thearea and development is anticipated on an adjacent city-ownedparcel.

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