BOSTON-A presentation created by developer Frank McCourt aims to ease the concerns of residents about increased traffic attracted to a new Boston Red Sox ballpark that may be built on his property.

QUINCY, MA-Wells Real Estate Investment Trust acquired an office building here at 1200 Crown Colony Dr. The 234,668-sf building, leased to SSB Realty, an affiliate of State Street Corporation, is Wells REIT's first foray into the Boston market.

NORTH ANDOVER, MA-Lucent Technologies is planning to use contract manufacturers for a large part of its Merrimack Valley operation. The plan involves outsourcing approximately 1,800 jobs. The fate of the facility here is still unclear.

BOSTON-Voters here may be asked whether they are willing to face higher property taxes to fund a number of projects including affordable housing, acquiring additional open space and historic preservation.

NEEDHAM, MA-Key3Media Group Inc. leased 98,277 sf of office space here at 117Kendrick St. in Cutler Lake Corporate Center. The transaction is good news in an otherwise quiet market here, where potential tenants have largely adopted a wait-and-see attitude.

WALTHAM, MA-Spectrum Financial Corp. will merge with Philadelphia-based Legg Mason Real Estate Services. The 30-year-old Spectrum will continue to operate out of its offices in Watermill Center here, under the name Legg Mason Real Estate Services/Spectrum Financial.

BOSTON-The Millennium Place Project is injecting new life into a neighborhood that was once a nationally known stretch of strip clubs and seedy bars. The project has spurred a number of developers to take chances on the area.

BRAINTREE, MA-Sun Life Financial acquires Plaza Executive Center, a first-class office building located at 300 Granite St. here. The Wellesley, MA-based company paid $13.9 million for the 89,500-sf building.