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LEXINGTON, MA-ING Clarion sells the Hayden Woods Corporate Center to Boston-based TA Associates Realty. The 100% leased office park went for $35 million.
MIDDLETON, MA-Verizon trades property in a sale/leaseback for 226,228-sf building along Village Road. The seller, now tenant, will continue to occupy 57% of the office space.
CAMBRIDGE, MA-The 670,00-sf two-tower office property fetches an estimated $175 million. The office park is may be part of a larger portfolio acquisition for the Chicago-based Rreef.
BOSTON-The agreement also calls for Sovereign to provide a minimum of $222 million in community development financing for commercial real estate projects. The bank will also make $25 million available in loans and investments for empowerment zones.