Boston Properties raises line of credit to $605 million

Boston Properties Inc. has increased its unsecured line of credit from $500 million to $605 million through a 14-bank global lending group led by Boston-based Fleet National Bank. Boston Properties is a REIT that owns and develops Class-A office properties. The extra $105 million will help the company fund new development. qities and property purchases, according to Senior Vice President Douglas Linde.

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