MIAMI—Earlier this week I reported on New Boston Fund's sale of Waterford Centre inMiami. I remember when Blanca Commercial RealEstate drove up occupancy more than 20% in about 12months.
It seems the time was right for New Boston to reap what it sowedinto the class A suburban office building. Nowthat the dust has settled, let's take a closer look at thedeal.
New Boston sold the 91,281-square-foot office building toIvy Realty, of Greenwich, CT. I still wasn't ableto get a sale price but what we know for sure is that the assetsold at 91% occupied. CBRE represented theseller.
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