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ING Clarion bullish on Boston.


ING Clarion, a leading real estate investment advisory firm, has acquired 101 Arch Street in Boston, Massachusetts “Boston” redirects here. For other uses, see Boston (disambiguation).
Boston is the capital and most populous city of Massachusetts.[3] The largest city in New England, Boston is considered the unofficial economic and cultural center of the entire New
 for $121.7 million.

The acquisition was made on behalf of an investment fund managed by the firm. C.B. Richard Ellis There are several prominent people named Richard Ellis, including
  • Richard A. Ellis (scientist and engineer), research engineer
  • Richard Ellis (astronomer), Caltech professor and director of Palomar Observatory.
 acted as broker.

101 Arch Street is a 21-story, 400,000 s/f, Class-A office building located in the heart of the Boston financial district. The property is currently more than 92 percent leased to tenants that include a variety of leading financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 and law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
  1. Clifford Chance, £1,030.2m – International law firm (headquartered in the UK);
  2. Linklaters, £935.
.

"We believe the Boston office market is positioned to see significant improvement in demand for high quality space over the next few years," said Mark Weld, a managing director in the Boston office of ING Clarion.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1U6MS
Date:Jan 4, 2006
Words:122
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