BOSTON-Linedata Services leases 15,924 sf of first class office space at 260 Franklin St. The company, a provider of software and services to the global financial services marketplace, will use the space on the 13th floor of the 349,000-sf building as its North American headquarters office.
WALTHAM, MA-Compound Therapeutics Inc. relocates its corporate headquarters with a 17,500 sf lease at 100 Beaver St. The privately held biotechnology company is expanding its space in its move from 1365 Main St.
BOSTON-The state, city and the Massachusetts Turnpike Authority agree to establish a private organization to govern the management of the Rose Kennedy Greenway, the 27 acres of open space Downtown.
CAMBRIDGE, MA-Boston Properties is breaking ground on the development of Seven Cambridge Center, a 220,000-sf, seven-story research building. The site, which is currently a parking lot, is the last parcel in Cambridge Center, a 2.7 million sf master-planned mixed-use project located at the center of Kendall Square.
BOSTON-Weymouth Design of Boston expands and extends its lease for 11,098 sf of office space at 332 Congress St. The graphic design firm signed a long term lease for the top two floors of the six-floor, 33,000-sf property, located in the city's Seaport District.
CANTON, MA-Softrax renews its lease for 23,600 sf of office space at 45 Shawmut Rd. The company will continue to use the space in the three-story 66,000-sf building as its corporate headquarters.
CHELMSFORD, MA-In a deal that typifies a trend in which users decide to purchase rather than lease their space, Merrimack Education purchases 80 Brick Kiln Rd. for $725,000 from North East Data Processing.
WALTHAM, MA-After losing Oracle as an anchor tenant last spring, the Bay Colony Corporate Center leases up 90,000 sf of office space in the first half of the year. The one-million-sf center had eight new leases signed as part of a recent leasing effort.
DANVERS, MA-In its third acquisition since it was formed in September, 2003, Pivotal Properties purchases Centre Street Village, a 27,415 sf two-building plaza located at 110 Newbury St. at the intersection of Centre Street and Route 1 South. The firm is looking to build a $200 million portfolio.
NORTH READING, MA-A partnership of Greenstreet / Niosi Capital Partners and Taurus Investment Holdings, LLC acquires a 60,800-sf flex office building at 55 Concord St. for $4.8 million. The building is occupied by Comcast of Massachusetts with a lease guarantee from its parent, Comcast Corp.