MBTA puts North Station garage on the block

From Boston Business Journal; April 25, 2011:

The Massachusetts Bay Transportation Authority is accepting bids starting at $65 million to either lease or acquire the North Station Parking Garage adjacent to the TD Garden on Causeway Street.

The MBTA said it will accept bids to lease the site for up to 75 years or acquire the property outright. The state agency said bids will be fielded through the Transit Realty Associates LLC, the MBTA's designated real estate broker and services provider.

The MBTA said bids to lease the property must start at $65 million; to purchase the property outright, bidding will start at $70 million. All offers must be submitted by July 27.