LYNN, MA-CranBarry Inc. leases 35,000 sf at 330 Lynnway in the Clock Tower Business Center. The manufacturer is relocating from a 20,000-sf space on Condor Street in East Boston for expansion purposes.
BOSTON-Nathan R. Miller Properties sells One State St. to Adams Court Associates for $13 million. The 62,213 sf, 14-story first class office building at the beginning of the Washington Street retail corridor.
SPRINGFIELD, MA-The loan and its syndication is the largest single-borrower real estate financing deal to date for the locally based investment management firm.
WALTHAM, MA-Lawson Software leases 16,000 sf at 1050 Winter St. in the Bay Colony Corporate Center. The St. Paul, MN-based company took the space for a seven-year term for its regional headquarters.
BOSTON-The 160,000-sf, eight-story building at 670 Albany St. is 50% preleased to Boston University Medical Center. The facility will be constructed on a 42,000 sf site on BioSquare's 14-acre campus.
LEXINGTON, MA-The biopharmaceutical company leases 15,475 sf of office space at 45-55 Hayden Ave. and expands its headquarters, which are currently located next door at 65 Hayden.
WORCESTER, MA-In the second mall deal in the area in a little over a week, Kramont Realty Trust purchases Perkins Farm Marketplace, a 203,308-sf community shopping center for nearly $19.8 million.
NEEDHAM, MA-CWCapital makes its presence felt in the western region of the country. The locally based national lender provided $26.8 million in financing for four commercial properties in Arizona, California and Alaska.
BOSTON-American Financial completes its acquisition of State Street Financial Center, the recently built one-million-sf office tower at One Lincoln St., and nailed down $520 million in financing from Lehman Brothers.
CAMBRIDGE, MA-The four-story building at 25 First St. leases up 22,300 sf of space. Atlantis Components Inc. leased 17,220 sf while Zipcar leased 5,080 sf of office space in the 218,000-sf building.