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Harvard Sq. Buildings Sale; Brisk Summer-Rental Season; More!

HARVARD SQUARE—Two apartment buildings have traded for $16M: "[T]he 53-unit portfolio includes 48 JFK and 115 Mt. Auburn streets. The property at 115 Mt. Auburn St. is a six-story, 31-unit brick building at the intersection of Mt. Auburn St. and Mifflin Place that includes six studios, 24 one-bedrooms and a retail suite. The second building at 48 JFK St. is a four- story, 22-unit brick building located on the corner of JFK and Winthrop streets that includes one studio, 20 one-bedrooms and one retail suite." [Biz Journal]
SOUTH SHORE—Credit the slowly recovering economy: Summer rentals are doing a brisk business on the Cape and down the South Shore. "Bookings this year are up 13 percent over the same time last year, according to Wellesley-based rental search engine" [Patriot-Ledger]
CAMBRIDGE—Some residents are none too pleased with the city's plans for development in Kendall and Central squares: "The combined increased density of over seven million square feet projected for Kendall Square and Central Square will overwhelm and choke the city’s already stretched auto, truck and public transit capacity, both buses and T." [Chronicle]

[115 Mt. Auburn Street]

Harvard Square

Massachusetts Avenue, Cambridge, MA 02138

Central Square

Central Square, , MA 02139