LEXINGTON, MA-Centra Software leases 53,000 sf at 430 Bedford St. in Lexington Office Park, a 160,000-sf, two building complex located at the interchange of Route 128 and Route 4. The company, which develops online business collaboration solutions, will use the space as its corporate headquarters.

REVERE, MA-Mass Highway proposes widening Route 1 through Revere and Malden from Copeland Circle to Route 999. The move will allow Roseland Property Co. to move forward with the second phase of its redevelopment of the former Rowe Quarry property.

NORWOOD, MA-Instron Corp. leases 110,000 sf at 825 University Ave. for its new worldwide headquarters. The company, a provider of testing equipment for the material testing and structural testing markets, is relocating from Canton.

HOKINTON, MA-VelQuest Corp. leases 12,000 sf at 25 South St., a 54,000-sf building owned by Everest Partners LLC. The deal lease, along with another recent 2,500-sf lease deal with the Reading Corp., means that the building is now 100% occupied.

REVERE, MA-Channel Building Co. wants to build the project in Mahoney Circle, a major intersection for local and regional traffic. The area, known as Bell Circle, is being revitalized with the addition of a new Comfort Inn, a Fleet bank branch and road improvements.

BOSTON-The suburban industrial market experiences its first quarter with positive absorption in a long time, indicating that the market could be on the road to a turnaround. According to Lincoln Property Co.'s recently released statistics, overall availability rates and vacancy rates dropped slightly as well.

BROCKTON, MA-MassHousing's Board of Directors approves a $7.4 million loan commitment to preserve affordable housing for low-income elderly and handicapped residents at Bixby II and Brockton Centre Apartments.

NATICK, MA-Heart Rhythm Society Inc. sells 6 Strathmore Rd. to WGFF LP for $2.3 million in a sale-leaseback transaction. The 20,311-sf building, located right off Route 9 in the Natick Business Center, is fully occupied by the society, an international advocacy group, and American Cancer Society Inc.