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Boston Properties to Purchase Tower From Bank of America

Boston Properties Inc. agreed to buy Bank of America Corp.’s skyscraper at 100 Federal St. in Boston for $615 million, which would add to a portfolio that already includes the city’s Hancock Tower and Prudential Center.

The company made a $25 million deposit as part of a contract that it completed on Feb. 16, it said in an annual report filed today with the U.S. Securities and Exchange Commission. The deal is subject to “customary closing conditions,” Boston Properties said.