NEW YORK CITY—Meanwhile, the landlord on that lease, SL Green, has expanded its unsecured corporate credit facility by $250 million.

DEVENS, MA—JLL states that the parcels are suited for bio-pharmaceutical, biotechnology, laboratory, and research and development, and could involve both back office or corporate headquarters operations.

BOSTON—William Kane, senior vice president and Boston lead for BioMed Realty Trust, believes that landlords, architects and designers in Cambridge and Greater Boston must continue to push the boundaries to provide the work environments that attract employees, increase productivity, and foster collaboration.

BOSTON—He says that for the remainder of 2016, Cresa is hoping to complete negotiations to establish operations in South Africa. However, Underhill also told Globest.com what markets Cresa will look to either expand in or establish a beachhead in next year.

NEWTON, MA—Paytronix, a growing provider of reward program solutions to restaurants and retailers, expanded its headquarters here from 12,383 to 33,283 square feet.

LITTLETON, MA—Los Angeles-based Colony Capital sold the Potpourri | Littleton distribution facility for $39.75 million, according to Newmark Grubb Knight Frank Capital Markets, which represented the seller in the deal.

BOSTON—Skanska affiliate SCD Northeast Acquisitions LLC is looking to secure approvals from the BRA and other agencies to build a seven-story, 298,700-square-foot office and retail building at the Parcel Q1 site in the Raymond L. Flynn Marine Park.

NEW YORK CITY—A new research report predicting the outcome of the third quarter forecasts increases on both metrics in the wake of increased development and improved labor market conditions.