Leicester Office Space

American Realty Advisors announced today the acquisition of Waltham Corporate Center, a 292,824 square foot Class A office complex located in the Waltham submarket, the premier suburban Boston submarket.

CRG West and The Carlyle Group are pleased to announce the acquisition of two new carrier-neutral data centers - 427 LaSalle in Chicago and the 70 Innerbelt in Boston.

BRAINTREE, MA-The 24-acre, class A office park was being shopped in the $120-million range earlier this year.

WESTFORD, MA-Providing a measure of momentum for the struggling Interstate 495 North office market, the Gutierrez Cos. of Burlington has landed a tenant for a build-to-suit project at its Westford Technology Park West.

The Mashpee Wampanoag tribe yesterday took a big step forward in its bid to open the Bay State's first casino, with a deal for a large tract of land in Southeastern Massachusetts.

BEDFORD, MA-A provider of IT services to corporations has leased more than 17,000 sf at 22 Crosby Dr. In signing the deal, Data Intensity makes the move up Route 128 from Waltham to the 66,000-sf building, part of the Crosby Corporate Center park owned by the Rreef Funds. Details on pricing and length of term were not disclosed.

BEDFORD, MA-Headlined by the pending sale of 100 Crosby Dr. to Divco West Group LLC, this tech-saturated suburb is enjoying a quick start to the second quarter. Leasing activity is brisk enough that the new owners of 201 Burlington Rd. say they will speculatively redevelop 50,000 sf of space to first class caliber, while a report from GVA Williams puts the vacancy rate on Route 128 at 12%, the lowest since 2001.

BOSTON-In a rare victory for the city, a seafood processing firm has leased 10,500 sf at 88 Black Falcon St. Owned by AMB Property Corp., the waterfront structure offers a mix of office and industrial space.

BOSTON-A rising star in the environmental real estate services profession has been tabbed for a committee position by the nation’s top sustainable building and policymaking organization. Meredith & Grew assistant vice president Jacquelynn Henke was appointed to the United States Green Building Council Chapter Steering Committee.

SHREWSBURY, MA-The sale of a 670,000-sf office complex here was an institutional play--literally. User University of Massachusetts Medical Center paid $27.5 million for 333 South St. to Seagate Holdings, a disc-drive maker who inherited the property in a 2006 takeover of rival Maxtor Corp.