CAMBRIDGE, MA—Nano Terra has leased nearly 13,000 square feet of lab//office space at 735-737 Cambridge Ave. here and has relocated its operations from 50 Soldiers Field Place in Brighton, MA.

BALTIMORE—After original developer WV Urban Developments pulled out of the 25th Street Station Walmart-anchored Planned Unit Development this past May, the new owner of the 11-acre site—Seawall Development now says it will embark on a different strategy.

HANOVER, MD—New York City-based hotelier MCR Development LLC reports it has completed significant upgrades to two of its properties here.

STAMFORD, CT—The 368-unit Cornerstone at Bedford apartment complex here has traded for $75.1 million.

MIAMI—Affiliates of locally-based Lionstone Development have acquired the 124-bed One Bal Harbour Hotel and nine condominium units for a combined purchase price of $12 million.

ROSWELL, GA—Palm Beach, FL-based Sterling Organization has acquired the Roswell Village Shopping Center here for $10.55 million.

NEW YORK CITY—Industry veteran Michael J. McNamara has been named senior managing director and global head of real estate investments for Manulife Asset Management Private Markets.

WASHINGTON, DC—Mid-City Financial Corp. has begun what will likely be a multi-year approval process on its proposed large-scale mixed-use development to be built at the 20-acre Brookland Manor apartment complex and adjoining Brentwood Village Shopping Center here.