Business News first on FIR:
NEWTON, Mass.–()–Service Properties Trust (Nasdaq: SVC) today announced that it has completed the sale of a 674,143 square foot property located at 555 Turnpike Street, Canton, MA for $51 million, excluding closing costs. The proceeds from the sale will be used for the repayment of debt. John Murray, President and Chief Executive Officer of SVC, made the following statement: “Given current market volatility, we are pleased to complete the sale of this property, a non-core industr
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