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WASHNGTON, DC—Locally-based Douglas Development Corp. has filed permits with the district to move two buildings on New York Avenue to make way for its mixed-use Square 450 project.
CAMBRIDGE, MA—Partners National Real Estate Advisors and the Bulfinch Companies, Inc. report that the Forrester Research world headquarters building located in the Cambridge Discovery Park here has been sold.
RALEIGH, NC—New York City-based debt fund Summit Hospitality Group Ltd. has secured $20-million in non-recourse first mortgage debt to refinance Marriott-branded hotels in Charlotte, Cary and Raleigh, NC.
RONKONKOMA, NY—Carson Optical Inc. has sold its facility in Hauppauge and purchased the former DHL sorting facility here that will double the firm's presence on Long Island.