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The RMR Group Inc. (Nasdaq: RMR) placed among the fastest growing middle market companies in Massachusetts by the Boston Business Journal (BBJ) in its 2021 Middle Market Leaders ranking. With total revenues of $589.5 million for Fiscal 2020, RMR ranked 29th among middle market companies in Massachusetts.
This is the second consecutive year that RMR is appearing on the BBJ’s Middle Market Leaders list, which ranks publicly traded and private companies with revenues of between $25 million and $1 billion by two-year revenue growth. RMR earned the top ranking on the BBJ’s 2020 list.
Adam Portnoy, President & CEO, made the following statement:
Industrial Logistics Properties Trust Named to Boston Business Journals 2021 Middle Market Leaders Ranking financialbuzz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialbuzz.com Daily Mail and Mail on Sunday newspapers.
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By Anne Scobell
CoStar buying downtown riverfront office building that bears its name
BizSense file)
CoStar Group is primed to gobble up more downtown Richmond real estate.
The commercial real estate data giant, which already spent $20 million this summer on four undeveloped acres along the riverfront, is under contract to purchase the neighboring nine-story, 310,000-square-foot office building at 501 S. 5th St., which it shares with packaging firm WestRock.
CoStar CEO Andy Florance announced the deal Tuesday during a virtual meeting with the company’s employees, according to multiple sources with knowledge of the announcement.
The sale has not yet been recorded on Richmond’s property records. However, on the same day as the meeting, the status of the building was listed as “under contract” on CoStar’s own real estate databases.