NEW BOSTON FUND SELLS WATERFORD CENTRE IN MIAMI

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MIAMI — New Boston Fund Inc. has sold Waterford Centre, a six-story, Class A office building in Miami, for an undisclosed price. The 91,285-square-foot asset is located at 6205 Blue Lagoon Drive in the Blue Lagoon Business Park. Ivy Realty purchased the office building, which was 91 percent leased at the time of the sale to tenants such as McAfee, a subsidiary of Intel; Whirlpool Corp.; Travel Traders; Xerox Corp. and Remy Cointreau. Christian Lee, Jose Lobon, Charles Foschini and Chris Apone of CBRE represented New Boston Fund in the transaction. Danet Linares of Blanca Commercial Real Estate assisted CBRE in the transaction.

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