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Real Estate/Development

Oct. 2, 1999

FEATURED SALE NORTH

Boston Properties' second San Francisco Bay Area purchase was considerably cheaper than its first though it also involved multiple properties at the same location.

Boston Properties' second San Francisco Bay Area purchase was considerably cheaper than its first though it also involved multiple properties at the same location.
In December, the Massachusetts REIT paid more than $1 billion for six of the eight buildings that make up San Francisco's Embarcadero Center.
Late this summer it paid only a tenth that much - $117.6 million - for two office buildings and two development sites at the 177-acre Gateway Commercial Center in Sout...

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