By Jay Fitzgerald – A blog about Boston, Hub of the Universe, and everything else.


Apple: Why lease retail space when you can buy the whole Back Bay building for $88 million?

I knew Apple had a lot of money to spare, but not this much, as the BBJ reports. … The price for the Back Bay building far exceeds the already high psf paid by a Miami investor in October for a Newbury Street building, where Google now leases retail space. … All of this can’t be good for little-guy tenants in the Back Bay, not that there’s many little-guy tenants left. 

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