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Mass. General to buy half of Charles River Plaza.

The Boston Globe (Boston, MA)

| May 03, 2007 | Palmer, Thomas C., Jr. | This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Thomas C. Palmer Jr.

May 3--Massachusetts General Hospital, a major tenant at Charles River Plaza, a recently modernized office and retail complex on Cambridge Street in Boston, is buying part of the property, a hospital spokeswoman said last night.

No price was disclosed, but Mass. General, which occupies about 80 percent of the complex, signed an agreement to buy about half of the 637,783-square-foot group of buildings, according to Peggy Slasman, vice president for public affairs.

"Hopefully we'll close at some point down the road," she said.

Charles River Plaza is fully leased; tenants include Whole Foods Market and CVS Corp.…

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