WALTHAM, MA- Phase Forward signs a long-term sublease for 100,000 sf of office space at 880 Winter St. in the Waltham Woods Corporate Center. The company will use the space for its corporate headquarters.
BOSTON-The Massachusetts Association of Health Plans Inc. relocates to 40 Court St. with a five-year lease on 4,025-sf of space in the 12-story building. The organization specifically wanted a Downtown location.
BOSTON-The loss of jobs and the volatility of some of the city's key industries are going to hinder the area's market recovery, according to a 2004 fourth quarter market report released by Cresa Partners in Boston.
BOSTON-The last major section of the Big Dig--the massive highway project going on in the heart of the city--is scheduled to open at the end of this week.
BOSTON-Edwards Day puts 2 Liberty Square on the market. The Atlanta-based real estate advisor acquired the 68,000-sf, 11-story building in December, 2000 for $12 million. It is currently fully leased to Putnam Investments.
MALDEN, MA-A Burgess Properties report says that despite the Greater Boston commercial real estate market continued struggles, the industrial market in the northern inner suburbs is commanding its highest sales prices ever.
BOSTON-The YMCA of Greater Boston's proposal to build a community center in the North End has been selected as the preferred use of Parcel Six along the Central Artery corridor. The parcel was the first developable parcel along the Greenway to go out to bid.
LYNN, MA-The former St. Jean Baptiste parish and school gets a new lease on life as a 38-unit affordable housing development. The site's four existing buildings, all of which are no longer used by the Archdiocese, will be demolished for the two-phase construction.
NEEDHAM, MA-FastChannel leases 19,174 sf of office space at 250 First Ave. in First Needham Place. The 72,831-sf three story building is located directly off Route 95 and was developed by the Bulfinch Cos. over five years ago.