BOSTON-The Boston Conservatory has bought a single-story warehouse property at 32 Ipswich St. for $5.1 million. The property is situated behind Fenway Park and near the main campus of the school.
The 18,500-square-foot property will be developed to accommodate instructional, performance and student services. First Republic Bank, MassDevelopment and Zions Bank are financing the development. MassDevelopment issued $24.5 million in tax-exempt bond for the acquisition and development of the property. For the full story, go to Boston Business Journal .
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