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BOSTON-The Back Bay Restaurant Group acquires 157 Newbury St. for $4.6 million from 1025 Hancock Street Trust. The locally based group intends to develop a mixed-use project on the 14,765-sf property, which is located in the heart of the city's Back Bay.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
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Marcy Moneypenny says hard work is seldom enough to stand out in the CRE industry.
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The $4 billion project would include 500,000 square feet of gaming space.
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Overall CMBS delinquency rate was up slightly, according to Trepp.
