MASHPEE, MA-Marshalls becomes the second anchor tenant at South Cape Village development with its lease of 28,175 sf. The discount retail chain store will join Roche Bros. Supermarket in the 160,000-sf retail complex.
WALTHAM, MA-A mortgage in the amount of $3.8 million was arranged for 300 Third Ave., a 22,000-sf office building located within the Prospect Hill Office Park. The building is fully leased to Mentor Graphics.
FALL RIVER, MA-MassHousing approves a $2.5 million loan to build Gage Hill Condominiums, a mixed-income 38-unit complex on North Main Street. The development will be housed in 19 duplex buildings and will take about 24 months to complete.
HUDSON, MA-SullivanHayes Cos. presented its plan for a nearly one-million-sf "lifestyle" mall on a 161-acre parcel straddling Hudson and Berlin. If approved, the $90-million project would be the town's largest retail center.
STOUGHTON, MA-Boston Interiors is planning to move into its new 119,000-sf facility in the Campanelli Commerce Park this summer. Campanelli Cos. is building the furniture company's headquarters and showroom.
FOXBOROUGH, MA-Developer Louis Giuliano wants to build a racetrack on a 50-acre parcel across from Gillette Stadium. The project received a license from the state's Racing Commission, but still needs town approval.
TEWKSBURY, MA-Rogers Commons, a 20-unit apartment complex, secures a $2 million loan through Arbor Commercial Mortgage. The loan is being used to refinance the recently constructed, townhouse-style project.
TEWKSBURY, MA-The Mills study committee, created to evaluate a proposal from Mills Corp. for a 750,000-sf retail/entertainment complex on a 38-acre parcel, considers the implications of rezoning the site as well as traffic issues.
NORWOOD, MA-Intercontinental Real Estate Corp. purchases 575 University Ave. for $8.6 million. The acquisition of the 88,739-sf building was made on behalf of Intercontinental Real Estate Investment Fund III LLC.
BOSTON-A report by Richards Barry Joyce & Partners demonstrates increased activity in the biotech market and, while Cambridge remains the region's biotech epicenter, the Boston and suburban markets are gaining in prominence.