BOSTON—The Massport Board approved a proposal last week valued at $550 million by Dallas-based Omni Resorts and Hotels and New Boston Hospitality to build the new 800,000-square-foot complex on a two-acre parcel in the city's waterfront district.

BOSTON—There is a major caveat to the strong forecast for the Greater Boston lab market—the proposed budget cuts by the Trump administration to National Institutes of Health funding.

BOSTON—The Seyon Group, formed in January by Bryan Blake, Andrew Iglowski and John Meador, all formerly of Calare Properties, is pursuing real estate investment opportunities that run the gamut from ground-up warehouse development to existing infill light-industrial assets.

BOSTON—Another impressive finish in this year's rankings was that Boston came in at number one in the United States in terms of commercial office investment and number seven worldwide.

BOSTON—For its approximately $261-million capital contribution, the investor will have a 45% stake in the 1.1-million-square-foot complex that includes 11 Fan Pier and 50 Northern Ave. life science buildings.

BOSTON—Joseph Flaherty, the head of JLL's Cambridge team, oversaw a host of transactions, including the build-to-suit lease deal for 240,000 square feet at University Park at MIT.

WATERTOWN, MA—The survey revealed that companies located in Greater Boston are concerned about highway congestion and public transit capacity, while businesses outside that region worry about a shortage of public transportation.

BOSTON—The Boston Planning & Development Agency's board of directors approved at a session last Thursday plans for Tremont Crossing, a project totaling approximately 1.9 million square feet of mixed-use space.