BOSTON-Berkeley Investments Inc. and Starwood Capital Group acquire a 330,971-sf office/warehouse flex building for $14.8 million from Syratech Corp., which plans to lease back 118,000 sf of office and warehouse space.

ANDOVER, MA-Verizon Communications Inc. renews its lease for 127,470 sf at Five Andover Tech Center. The two-story building is located within the master-planned office park at the River Road/Route 93 interchange.

WAYLAND, MA-Congress Group Ventures gives up on its 400,000-sf building located on Route 20 and Credit Suisse First Boston becomes its new owner. The bank has not indicated yet what its plans are for the 57-acre site.

MEDFORD, MA-Winchester Capital arranges a $6.5-million mezzanine debt placement on behalf of Wellington Place LLC to fund the construction of Wellington Place Apartments, a $34-million, 137-unit luxury apartment project.

BOSTON-Cresa Partners Boston represents 11 companies in leases totaling

NEWTON, MA-Hospitality Properties Trust acquires 12 Candlewood hotels for $90 million and enters into a new management agreement with InterContinental Hotels Group for operation of all Candlewood hotels owned by HPT.

BOSTON-Washington Mutual Bank puts Lincoln Plaza up for sale less than a month after it acquired the two-building complex when Boeing Co.'s pension fund gave it back to the Seattle-based bank.

BOSTON-The hotel's owner decided to take over the management of the 326-room facility and says the name change is part of the company's plan to move into direct management in North America.