CAMBRIDGE, MA—With the two new companies making Greater Boston their home, a total of 14 new life sciences companies have announced plans in the last 12 months to establish their operations in Massachusetts, according to the Massachusetts Life Sciences Center.

BOSTON—While the report's projections on growth and the stress they will put on the city's infrastructure are alarming, the report characterizes the city's current infrastructure as “inadequate, deteriorating, and out of date.”

ROCHESTER, NY—The properties, which are located in Arkansas, Illinois, Indiana, Kentucky and Missouri, total 450,711 square feet and are tenanted under one master lease for an initial term of 17 years.

BOSTON—The new funding from Forest City, CA-based Sumeru Equity Partners will be harnessed for further project innovation, the company says.

BOSTON—US Secretary of State John Kerry and Boston Mayor Martin Walsh announced in Beijing on Tuesday the city's selection for the 2017 summit that is expected to bring thousands of environmental leaders from across the globe to Boston.

NEW YORK CITY—Kent Swig, president of HelmsleySpear, says the new staff member will focus on business development, property management, leasing and new investment sales.

BOSTON—Nordblom estimates the project will create 300 construction jobs and 1,500 permanent positions at the site when completed.

NEW YORK CITY—Extell's purchase of the Ring portfolio in 2013 included a number of trophy properties, such as 212 Fifth Ave., 251 Park Ave. South, and 17 W. 60th St. The portfolio collectively added up to more than 1 million square feet.