BOSTON-The Banana Republic building situated on the first block on Newbury Street in Boston is on the market for sale. In 1995, The New England School of Art sold the four-story retail property spanning 19,041 square feet at 28 Newbury to Anastasios Parafestas for $3.1 million.
The city of Boston has assessed the property at $7 million. The property is situated near the Taj Hotel and the Boston Public Garden. The building owner has retained HFF to market the property. For the full story, go to Boston Business Journal .
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