BOSTON-The trustees of Boston University and Boston University Medical Center lease a total of 96,000 sf in 670 Albany St., an eight-story 160,000-sf laboratory facility located in BioSquare, the two-million-sf biomedical research and business park. With this deal, the building is now 60% pre-leased.

FRANKLIN, MA-Highland Net Lease Capital LLC sells 24 National Dr. to Griffith Properties for $8.2 million. The 140,000-sf high-bay industrial building is located within Forge Park and is 100% leased on a long-term basis to Proma Technologies Inc.

WILMINGTON, MA-MKTG Services renews its lease for 12,031 sf of office space at 187 Ballardvale St. The two-story, 105,897 sf office building is located 15 minutes from Boston and 10 minutes from New Hampshire at the Route 93 and 125 interchange.

GREATER-Rental rates are going down in Greater Boston's housing market, but developers are looking ahead and the area is about to deal with its largest apartment and condo development pipeline in recent years.

NEWTON, MA-Connecticut General Life Insurance Co. remains at Three Newton Executive Park. The Philadelphia-headquartered company is renewing its lease, at a lower rate, and on a short-term basis, for 15,109 sf of space.

BOSTON-The Boston and Atlanta offices of Holliday Fenoglio Fowler arranged $108 million in financing for two warehouse/distribution portfolios owned by Cabot Industrial Value Fund LP. The 40 properties have a total of four million sf and are located throughout the country.

CAMBRIDGE, MA-Massachusetts Institute of Technology takes out a first mortgage for Technology Square, a seven-building, 1.1-million-sf complex in Kendall Square. Holliday Fenoglio Fowler arranged the $225-million loan.

MEDFORD, MA-Risman Real Estate acquires a 24-unit apartment complex at 161-165-171 Salem St. and 6 Washington St. for $2 million. The firm acquired the property, which has immediate access to Route 1A, from Barrington Management.