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Bank of America near sale of tower

Boston Properties is said to offer $600m for site

Bank of America Corp. has reached a tentative deal to sell its 37-floor skyscraper in Boston’s Financial District to Boston Properties Inc. for about $600 million, according to people familiar with the agreement.

The move underscores Boston Properties’ position as one of the area’s largest landlords. The Boston-based real estate investment trust owns 53 buildings in the area, including the two tallest office towers in Boston: the John Hancock Tower and the Prudential building. The latest deal would give Boston Properties ownership of the sixth-tallest building in Boston, at 100 Federal St.

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