BROOKLINE, MA-Winn Development's effort to develop a 220,000-sf office and medical research building at Two Brookline Place was handed a fatal setback when the required rezoning change was rejected.
BOSTON- Spaulding & Slye Colliers promotes Kyle B. Warwick from managing director of the New England development services group to New England regional director. Warwick will lead the company's growth strategy in the region.
BOSTON-The Rasky/Baerlein Group Inc. leases 11,425 sf at 70 Franklin St. The nine-story, office in the city's financial district, next to the Boston Stock Exchange and is owned by Cornerstone Real Estate Advisers.
SOUTHBRIDGE, MA-Jonlee Southbridge sells Southbridge Fair to the Alevizos Group for nearly $10.4 million. A broker involved in the deal tells GlobeSt.com that retail properties are in great demand now by all types of investors.
LAWRENCE, MA-A developer proposes building an "ecovillage" at Four Union St. The 130,000-sf mixed-use project involves redeveloping the five-story former Cotton Duck mill into 96 residential units and 15,000 sf of commercial space.
DANVERS, MA-Circle Furniture is opening a new store at 75 Newbury St. on Route One. The home furnishings retailer is leasing 10,857 sf in the 29,227-sf retail center in space formerly occupied by Hitchcock Fine Home Furnishings.
WORCESTER, MA-TA Associates Realty sells Perkins Farm Marketplace, a 203,000-sf community shopping center, to Kramont Realty Trust for nearly $19.8 million. The center was originally built in 1965 and renovated in the late 1990s.
BOSTON-The approval clears the way for Equity Office Properties to develop a 33-story 942,000-sf mixed-use building for the Russia Wharf property on Fort Point Channel.
QUINCY, MA-REIT Management & Research purchases 2300 Crown Colony Dr. for $7.7 million. The 45,586-sf building was developed in 1999 and is currently fully leased, with American Express occupying half of the building.
BURLINGTON, MA-Genesis Consolidated Services Inc. nearly doubles the size of its office with its relocation to 76 Blanchard Rd. from 21 Worthen Rd. in Lexington. The firm, which provides business services, is leasing 14,637.