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REA
March 20, 2019  

Rentals Could Set Boston Price Record

J.P. Morgan Asset Management is setting the stage for the biggest apartment trade ever in Boston.The investment manager is marketing the leasehold interest in a 465-unit luxury property that’s worth about $300 million, or $645,000/unit. The two-building complex, at 225 Northern Avenue and One Park Lane in the Seaport District, includes 19,000 square feet of fully occupied retail space and a 480-space underground garage. The ground is leased...


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