BOSTON-As part of Mayor Thomas M. Menino's effort to revitalize the Washington St. area, the city issued a building permit for the restoration of the Opera House. The 2,600-seat theater has been vacant since 1990 and is estimated at $31 million.

MIDDLEBOROUGH, MA-Campanelli Companies secures $5.3 million in financing for the development of the corporate headquarters for Champion Exposition Services. The 95,000-sf facility is located in the Campanelli Business Park of Middleborough.

NEWTON, MA-Northland Investment Corp. creates a real estate-investment fund to invest in real estate throughout the country. The locally based company says it has committed capital of $50 million that it expects to leverage into $200 million of buying power.

CAMBRIDGE, MA-The city continues to be comprised of two very different markets--a struggling office market and a vibrant biotech market. But according to recently released statistics from Meredith & Grew there are indications that the biotech market is heading for a slowdown.

BOSTON-Despite rising vacancies here, P&O Properties' Boston Wharf Co. is bringing its 111,000-sf building at 300A Street to the market. The company began renovating the former industrial/warehouse building about five months ago.

BOSTON-Santa Teresa Realty Trust nails down the financing of its acquisition of 23 border-industrial properties located primarily in New Mexico and Texas. Tremont Realty Trust's local office arranged the $55.1 million transaction.

PEMBROKE, MA-Great Island nails down the financing for its purchase of the 14,105-sf Lambert's Plaza located on Old Church St. near Route 3. The acquisition is the last piece in the company's plan to own the properties around this interchange.

CAMBRIDGE, MA-The city continues to be comprised of two very different markets--a struggling office market and a vibrant biotech market. But according to recently released statistics from Meredith & Grew there are indications that the biotech market is heading for a slowdown.