Boston

Public REITs have, temporarily at least, pulled back from the medical office sector, but sellers have not suffered.

The company states the sale resulted in a total return to the investors of 142.10% (calculated based on the aggregate amount of original capital invested in the property).

"This latest transaction brings our company's strategy to pursue liquidity for our entire data center portfolio to a successful conclusion.”

"We love the characteristics of Boston Children's hub-and-spoke model, where the satellite offices are leased on a long-term basis to an investment-grade system.”

It will acquire middle market, multi-tenant office buildings located in urban infill and suburban locations in non-gateway US markets.

Under the agreement with an affiliate of Verizon, the telecommunications firm will lease approximately 70% of the planned 627,000-square-foot Class A office tower at 100 Causeway St. for a 20-year term.

Brookfield will acquire all shares of common stock of Forest City for $25.35 per share.

Atlanta grew its tech talent pool at the third fastest pace of all 50 markets, increasing by 34.7% in the last five years.