Source Pravda.Ru

Hancock Tower sold to New York Group for 3.3 billion dollars

Boston's tallest skyscraper, the John Hancock Tower, was sold to a New York real estate firm as part of a $3.3 billion (Ђ2.5 billion) deal for a package of buildings in four cities.

Beacon Capital Partners LLC sold the 60-story tower and nine smaller properties to Broadway Real Estate Partners LLC, Broadway announced Thursday.

The privately held company did not specify the price of individual buildings, but The Boston Globe quoted sources as saying the Hancock Tower and two smaller nearby buildings went for $1.3 billion (Ђ1 billion).

The 790-foot (237-meter) blue glass Hancock Tower is one of Boston's most recognizable landmarks. It was designed by famed architect I.M. Pei and completed in 1976. The sale package also included the Citigroup Center in Los Angeles, the Bank One Tower in Denver and 2445 M Street in Washington.

"This is a significant group of marquee properties in highly desirable markets," said Scott Lawlor, Broadway's founder and chief executive.

John Hancock Financial Services had sold the Hancock Tower and two nearby buildings, at 197 Clarendon St. and 200 Berkeley St., to Beacon Capital Partners in 2003 for $910 million, reports AP.

After the latest sale, Broadway immediately sold the two smaller buildings to Canadian financial services company Manulife Financial Corp. for $454 million (Ђ344.64 million), Manulife said Thursday. Manulife-affilated businesses already occupy about 60 percent of those buildings.

The Basmanny Court of Moscow arrested Michael Calvey, the founder of Baring Vostok investment fund, on allegations of embezzling 2.5 billion rubles from Vostochny Bank. Calvey will be held in custody until April 13

Putin informed about arrest of US investor Michael Calvey
Comments
The Hypocrisy of the Chinese World Dog Show
UK wants Sergei Skripal dead
The Hypocrisy of the Chinese World Dog Show
The Hypocrisy of the Chinese World Dog Show
International Opposition to Attempted Trump Regime Coup in Venezuela
Homosexuality and the Decline in American Values
Russia's S-400 missiles lost in storm during transportation to China
The Hypocrisy of the Chinese World Dog Show
Putin addresses social issues, threatens USA with Russia's new missiles in his 15th Federal Assembly speech
Putin addresses social issues, threatens USA with Russia's new missiles in his 15th Federal Assembly speech
Putin addresses social issues, threatens USA with Russia's new missiles in his 15th Federal Assembly speech
New 'bill from hell' against Russia to bring hell to USA
New 'bill from hell' against Russia to bring hell to USA
Putin addresses social issues, threatens USA with Russia's new missiles in his 15th Federal Assembly speech
Smartphones and social networks not allowed in the Russian Army
The Hypocrisy of the Chinese World Dog Show
The Hypocrisy of the Chinese World Dog Show
In Haiti, protesters ask Putin to help
The Hypocrisy of the Chinese World Dog Show
The Hypocrisy of the Chinese World Dog Show
The Hypocrisy of the Chinese World Dog Show