CMGI started talking about buying the building about a half ayear ago. The plan seemed logical as the company occupied a thirdof the complex and as leases rolled over, the company would be ableto easily expand. But the company's stock started to slide beforethe deal was closed.

Still, according to George Nugent, of CB Richard Ellis/WhittierPartner, a Boston-based commercial real estate firm even if thecompany's fortunes had not changed it is not clear that the dealwould have gone through. "It made sense for them to look at it,"Nugent tells Globest.com. "Buying that complex would have put themin the real estate business." Brickstone Properties has tried tosell the 1.1 million sf building before but could not get the priceit was looking for. "It's a complicated property," adds Nugent. "Itperforms well on a cash flow basis but because of its size and thefact that it's a converted mill it's a difficult project to figureout."