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The Brookwood Business Center traded for approximately $40 million, according to public records. Brookwood Financial acquired the former Billerica Business Center in 2010 for $15 million in foreclosure proceedings.
Missing from the Boston-Revere proposal is a definitive breakout of possible incentives for Amazon. That is unlike a proposal submitted last week by the City of Worcester, MA, which promises Amazon up to $500 million in local real estate tax relief over a 20-year period.
The portfolio consists of the 251-room VERVE-Crowne Plaza Boston-Natick and the 188-room Hampton Inn Boston-Natick in Natick and the 184-room Holiday Inn Boston Bunker Hill Area in Somerville.