Boston

State Street Corp. reports it has signed a 15-year lease for approximately 510,000-square-feet at the planned 43-story office tower, part of the Bullfinch Crossing redevelopment project in Downtown Boston.

The company is expected to bring 550 positions, an increase of 20% of its present area workforce, to its new headquarters offices in early 2021.

Hospitality Properties Trust expects to realize a gain of $160 million from these sales.

While noting that the college's current budget is balanced and its $52-million endowment has been strong, the harsh financial realities of small universities in the United States could not be ignored.

The disposition of 55 Walkers Brook Drive follows a capital improvement plan implemented by Philadelphia-based Rubenstein and Nordblom of Burlington, MA that was focused on modernization and amenitization of the building.

As a capital markets team, Pergola and Doherty have been involved in combined transactions totaling more than $8 billion.

The deal for the portfolio secures the Boston-based firm gross proceeds of approximately $113.5 million. The properties are 100% leased to seven tenants. The portfolio was acquired by Exeter Property Group of Conshohocken, PA.

The Greater Boston Association of Realtors reported that 1,214 single-family detached homes were sold in metropolitan Boston, which set a new record for sales for the month and was a 4.9% increase on the 1,157 homes sold in November 2017.