WALTHAM, MA-VirtualPremise chooses locally based Exodus Communications to host its technology platform. VirtualPremise develops web-based business applications for the commercial real estate industry.
BOSTON-Delphi Group has determined to stay in the city. Fortunately the e-business company signed a lease when rates were in the $40s per sf. Rates have gone as high as $80 per foot.
BOSTON-McGraw-Hill economist predicts a slowdown in the New England region's construction industry but, thanks to the enormous amount of activity in the local industry, local experts are not worried.
WALTHAM, MA-UMC chooses to open its first office on the East Coast here. The semiconductor foundry likes the area's central location as well as its booming high-tech industry.
ANDOVER, MA-As CMGI's stock continues to slide, the Internet company decides not to buy the 1.1 million sf building, where it is currently a tenant. The building had been on the market before without finding a suitable buyer.
BOSTON-City officials seem to be questioning if Pritzker's Fan Pier project is being judged under harsher standards than Pier 4, which recently received tacit approval from the state's environmental office.
BOSTON-Centra Software doubles its office space here due to rapid growth. The company was looking to stay in its current location where its world headquarters is based.
BOSTON-Beacon Capital Partners is looking to increase its seven-acre parcel in the Fort Point Channel area here by adding one million sf of space. The company bought the property in June for a low $44.9 million.
BOSTON-A joint plan was filed demonstrating how $100 million in state aid for a new ballpark will be spent. Despite Red Sox owner's recent decision to sell the team, the park will have to be built here because of recent legislation.
WESTBOROUGH, MA-Presenting NE Aspen Westborough LLC with an offer they couldn't refuse, an undisclosed pension fund buys The Corporate Center here. Development on the property had been completed a little over a year ago.