BOSTON—The 10-year lease deal at the 1.4 million-square-foot, mixed-use Innovation and Design Building quadruples its presence in the Seaport District.

NEW YORK CITY—The first quarter saw declines in Manhattan office vacancy rates to 9%, the lowest first-quarter level since 2008.

BOSTON—The MI M2 development, which sits on more than 3.5 acres at Seaport Boulevard and Pier Four Boulevard, is Cottonwood's first in South Boston's Seaport District.

NEW YORK CITY—She will be responsible for analyzing real estate market conditions to identify and design potential growth opportunities for the company.

LYNN, MA—The fund will provide up to $100,000 of subsidy per workforce housing unit with a goal of creating 1,000 new workforce housing units statewide.

NEW YORK CITY—Huber previously was an acquisitions associate at the firm while Casimiro has joined ATCO after serving as VP of acquisitions for TRX Investments.

BOSTON—MassDOT and the MBTA are on the hook for more than $700 million in sunk in costs on the project that are included in the $2.3-billion estimate. However, not included in the scaled down cost estimate is an estimated $305 million in finance charges.

NEW YORK CITY—Previously, Temel was a member of the commercial real estate finance group at Wells Fargo where he underwrote and managed construction and acquisition loans for New York City-based institutional and private developers.