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John Hancock Tower Auctions at Half Price for $660.6M

Normandy and Five Mile Capital Partners Also Pick Up 10 Universal City Plaza in Burbank, CA for $305 Mil.

The iconic John Hancock Tower, Boston’s tallest building, sold at auction for $660.6 million Tuesday -- about half the price paid by Broadway Partners in 2006 -- to a pair of its creditors, Normandy Real Estate Partners and Five Mile Capital Partners.

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News | John Hancock Tower Auctions at Half Price for $660.6M