. . . On July 1, 2010, the company (Boston Properties) acquired the mortgage loan collateralized by a land parcel located in Reston, VA for approximately $20.3 million. . . . The 2.5 acre site, directly adjacent to the REIT's new developments in Reston Town Center, is zoned for 360 apartments. Linde said they may in fact develop additional apartments on this parcel in the very near future. . . .
For the rest of this article on recent Boston Properties actions, click here.
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