Boston Properties starts acquisitions again

05/5/2010 | Wall Street Journal, The

Boston Properties is making acquisitions again after a two-year hiatus. But it is approaching the market differently from its earlier large-scale trophy acquisitions. Its first acquisition in Washington was a stake in an office building on Capitol Hill that it plans to redevelop. The Washington building is a "class C" building in a "class A" location, says Sigrid Zialcita, managing director of research for Cushman & Wakefield.

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