WALTHAM, MA-Strategic Pricing Group takes 18,000 sf at 880 Winter St. in Waltham Woods Corporate Center in a sublease deal from BMC Software. The deal represents a renegotiation and extension of the existing sublease.
BOSTON-Gov. Mitt Romney initiates a $100-million program to help finance construction of up to 5,000 new housing units. Called the Priority Development Fund, the program is expected to help create housing over the next three years.
CAMBRIDGE, MA-Massachusetts Institute of Technology takes a new leasing approach with its 23,000-sf building at 230 Albany St. and signs on AgaMatrix for 5,426 sf. MIT is trying to position it as starter laboratory space.
BURLINGTON, MA-Foliage Software Systems renews its lease for 29,940 sf at 168 Middlesex Turnpike. The company occupies the entire single-story building, which is part of the 1.5-million-sf Northwest Park.
MARLBOROUGH, MA-CYTYC Corp. leases 216,000 sf at the Campus at Marlborough, a 530,895-sf four-building campus owned by an affiliate of Berwind Property Group. The deal brings the occupancy at the Campus up to 95%.
NEEDHAM, MA-CWCapital acquires Lend Lease Corp.'s Mezzanine Finance Group and will assume responsibility for origination, underwriting and servicing of mezzanine financing while its parent company, CDP Capital-Real Estate Advisory, will oversee the investor relations and portfolio management activities.
WEYMOUTH, MA-The Hilson Group relocates to 11,200 sf at 195 Libbey Parkway. The company took the industrial space--in a building owned by Southeastern Industrial Trust--to accommodate its growth.
BOSTON-In a move that didn't take anyone by surprise, Gov. Mitt Romney approves legislation that will enable municipalities across the state to increase property taxes on businesses beyond the state limit. But the law indicates that the rate will slowly come back down over the next four years.
BOSTON-The Mayo Group acquires 28 Damrell St. The locally based company purchased the 100,000-sf industrial property for $5.5 million from Damrell Ewer Partners in a deal indicative of the area's healthy industrial market.
BOSTON-Adams Harkness & Hill relocates its headquarters with its lease of 50,951 sf at 99 High St. The 32-story, 750,000 sf first-class office building is located on the corner of High Street and Congress.