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BOSTON—Foreign investment has been fueling significant commercial real estate acquisitions and developments so far this year in major US cities. With the Chinese economy slowing down, some expect that Far East investors may look to increase their funding allocations to real estate ventures in the United States.
WATERTOWN, MA—Eastern Real Estate has sold the triple net leased Home Depot store here while a triple net leased Home Depot store in Seaside, CA also changed hands.
BOSTON—The latest residential home and condo sales figures for Greater Boston point to a continuing strong market going forward. In addition, the rental apartment sector also remains robust despite the plethora of new product coming on-line.
NEW YORK CITY—The noted hotel brokerage firm will move into other asset classes from its first office here, which has opened at 1140 Ave. of the Americas.
BOSTON—Suffolk University has closed on the nearly $44-million sale of its Archer and Donahue buildings in Beacon Hill while it makes final preparations for the ribbon cutting in two weeks on its new academic building on Somerset Street.