BOSTON-The state's gambling study commission, formed to explore whether the state should expand its definition of legalized gambling, holds its last hearing. A number of local tribes have expressed interest in building casinos in the state.

NEEDHAM, MA-Navic Networks leases 11,500 sf of space from Parametric Technology Corp. at 140 Kendrick St. The company, which provides data connections among digital settops, is relocating from its previous location in Newton, MA.

LEXINGTON, MA-In a deal that takes some sublease space off the market, Ipswitch Inc., a software developer, takes 18,686 sf of space at 10 Maguire Rd. for its corporate headquarters. The software developer is relocating from a block away.

MARLBOROUGH, MA-Taurus of New England Investments Corp. sells 34 St. Martin Dr. for $12.2 million to Chicago-based RREEF, a pension fund advisors group. The 203,840-sf flex building is located in 495 Tech Center West. Most of its space has been converted to office use.

BOSTON-The Boston Redevelopment Authority wants to allow new projects in the financial district that include up to a 50% residential component to be allowed to bypass the maximum allowable height by up to 225 feet.

BOSTON-Projects recently proposed for the Longwood Medical Area, a section of the city that is home to a large concentration of medical and academic institutions, will soon be subject to a series of interim guidelines being developed by the Boston Redevelopment Authority.

WALTHAM, MA-Minnetonka, MN-based DIGI International relocates its subsidiary, NetSilicon, next door at 411 Waverly Oaks Rd. The high-tech company is taking 22,000 sf in a deal that the broker involved says demonstrates a tenant's ability to take advantage of the current market.

NATICK, MA-A rezoning of the Tech Commons site on Speen Street means that Chicago-based General Growth Properties can expand the adjacent Natick Mall, a $450-million project that will result in a two-million-sf shopping center.