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John Jordan is a veteran journalist with 36 years of print and digital media experience.
BOSTON—The cities of Boston and Los Angeles have one thing more in common than flirting with the idea of being the host city for the 2024 Olympic Games. They both are the venues for one of the more coveted awards in the commercial real estate arena—CoreNet Global's Global Innovators Awards.
CAMBRIDGE, MA—IBM has signed a sublease deal with ARIAD Pharmaceuticals, Inc. to occupy approximately 160,000 square feet of office space at 75 Binney St. building here, which is being developed by Alexandria Real Estate Equities, Inc.
TARRYTOWN, NY—The latest lease expansion by Regeneron Pharmaceuticals will bring its overall presence at the Landmark at Eastview campus to more than 1.1 million square feet.
CAMBRIDGE, MA—The planned mixed-use development on property known as Northpoint could break ground in the near future now that the 42-acre master planned parcel has been sold to San Francisco-based real estate investment and management firm DivcoWest.
NEW YORK CITY—The first project under Mayor Bill de Blasio's $350-million affordable housing program for low-income seniors broke ground Thursday in the Far Rockaway section of Queens.
BOSTON—Real estate investors and brokers maintain that the office and research and development real estate markets in Greater Boston are performing like thoroughbreds. Well, the industrial market is certainly not a nag. In fact, add the industrial market sector to that elite group to make it part of a high-paying real estate trifecta.
BALTIMORE—ASB Real Estate Investments has sold three of its properties at the Troy Hill Tech Center to two separate buyers for a total of $34.15 million.
NEW YORK CITY—The web-based industry management platform has raised a total of $22 million in venture capital backing, including funding from institutional investors.
BOSTON—If real estate brokerage firms were like baseball teams, you would need a scorecard and a pencil with a very good eraser to keep track of the major players that recently became free agents and joined new teams.
NEW YORK CITY—The REIT has closed what is believed to be a record purchase with its acquisition of 11 Madison Ave.

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