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July 17, 2019  

Suburban Boston Parcel Available

A six-acre development site on the market near Boston could attract bids exceeding $25 million.The parcel, in the eastern part of Watertown, Mass., is zoned for industrial use, with a height limit of 55 feet or five stories. But a buyer could seek permits for residential or mixed-use formats with higher density. The land can accommodate 250,000-500,000 square feet of space, depending on approvals.JLL and local consulting firm McCall & Almy are...

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