LITTLETON, MA—Construction has begun in earnest on a new $49-million, 450,000-square-foot fulfillment center project for Potpourri Group Inc. on a nearly 52-acre parcel here.

NEW YORK CITY—Brokerage firm Savills Studley says Manhattan office rents rose for the fourth consecutive year in 2014 but are, in some cases, still considerably below peak rates achieved in 2007.

NEW YORK CITY—The former New York City Deputy Mayor and CEO of Bloomberg LP will lead the search engine's urban innovation initiative as its CEO.

WASHINGTON, DC—Global technology firm 3M has extended its lease for another ten years at 1425 K St. NW.

WHITE PLAINS—Ivy Realty of Greenwich, CT has acquired the 725,000-square-foot White Plains Plaza office complex here in a distressed sale, Globest.com has learned <b>EXCLUSIVELY</b>.

BOSTON—A host of dignitaries, including Boston Mayor Marty Walsh, were on hand Wednesday for the ribbon cutting for the $200-million The Viridian development in Fenway.

NEW YORK CITY—The firm is reportedly poised to purchase a development site across the street from the Javits Center.

FORESTVILLE, MD—This is the Los Angeles-based the Turner Multifamily Impact Fund's first acquisition.