BOSTON—Net absorption in the second quarter totaled nearly 1.27 million square feet, driving the industrial real estate vacancy rate in Greater Boston to 8.7%.

NEW YORK CITY—The occupier is taking space at a 328,198-square-foot, Class-A office building, which is 97% leased following this latest transaction.

STURBRIDGE, MA—Kimco has been extremely active on both the acquisition and disposition fronts of late. The firm reported recently second-quarter sales of $696 million from the disposition of 34 shopping centers, totaling 4.3 million square feet, and one land parcel.

NEW YORK CITY—Real estate development firm Anbau has closed on nearly $68 million in construction financing for its planned 13-story residential/retail…

BOSTON—Arsenault will head Avison Young's newly launched New England retail practice group based in Boston. The 30-year real estate veteran comes to Avison Young from CBRE New England in Boston where he most recently served as vice president.

NEW YORK CITY—The appointee joins the firm after spending more than a decade at the law firm Skadden, Arps, Slate, Meagher & Flom.

WESTWOOD, MA—The property, built for Eversource (formerly NSTAR), has served as its Massachusetts headquarters since its construction in 2001. The space being made available in the building will be ready for occupancy by as early as October 2016.

NEW YORK CITY—The trade of a residential property with some commercial space and a parking garage is the borough's largest deal so far in 2016.