BOSTON—Toronto-based Oxford Properties Group has secured a $150- million first mortgage loan on its recently acquired 125 Summer St. office building here.

MONTVALE, NJ—Automaker Mercedes-Benz is reportedly considering relocating its US headquarters from Montvale, NJ to Atlanta.

EAST RUTHERFORD, NJ—Locally-based Lincoln Equities Group LLC reports that its redevelopment and land use division expanded significantly in 2014.

WILMINGTON, DE—While the city and surrounding suburbs saw positive absorption in 2014, the city's vacancy rate hovers at about 20%, considerably higher than national downtown vacancy rates that are currently in the low teens.

BALTIMORE—Food packaging manufacturer Vac Pac will be shifting its headquarters operations in 2015 from the city to Middle River, MD.

NEW YORK CITY—The commercial real estate veteran has been named an executive managing director at his new firm.

NEW ROCHELLE, NY—The process that could result in the development of millions of square feet of mixed-use space in the downtown district here officially began with the approval of a master developer agreement with RDRXR.

ATLANTA—PEM Real Estate Group has purchased the Adrian on Riverside apartment community here, adding to its multifamily portfolio in the Southeastern United States.