News
BOSTON IN CHICAGO
June 16, 2010
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| No, our headline isn't just naming geographic bands from the '70's, or else we'd also name-drop Kansas. Boston Properties' Ray Ritchey and Doug Linde were actually in Chicago to speak about the future of their office buildings at REITWeek last Thursday morning. Doug emphasized that the REIT wants to continue to invest in core markets like the building it recently acquired on 55th Street in New York. He also noted that DC seems to have an unlimited appetite for space because of government demand. The company recently pulled out of its involvement with Freedom Tower because it was concerned about the ability of the project to be insured. |
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| Inland Real Estate Corp.'s Brett Brown and Mark Zaltoris joined Raymond James & Associates' Richard Milligan to talk about Inland's new focus on property management, as well as its growing retail holdings. Last summer, Inland bought 250 Royall St. in Canton for $62M, one of the largest buys in the country during that turbulent time. More recently, it partnered with PGGM to improve its asset management. |
