BOSTON-Meredith Management is the only bidder for the air rights over a stretch of the Massachusetts Turnpike. The locally based developer wants to build a $150-million mixed-use project that would use the parking garage it owns as its base.

CANTON, MA-An 84,000-sf building developed on spec a year ago is now 64% leased thanks to two leases totaling 14,500 sf. The building is located at the University Avenue interchange where there is a Route 95 ramp under construction.

HOLBROOK, MA-Klaff Realty LP sells the former Family Golf site to the Paradise Valley Realty Corp. for $1.4 Million. The 79-acre parcel is zoned for office, research and development, retail and warehouse/distribution use but the new owners say they have not yet finalized their plans for the site.

HINGHAM, MA-The Hingham shipyard finally gets a new redevelopment plan. Sea Chain Marine has been looking to rehabilitate the property for years but concerns about the density and size forced the developer to scale back.

LEXINGTON, MA-NRT Inc., a subsidiary of NY-based Cendant Corp., purchases The DeWolfe Cos. Inc. for $149 million. DeWolfe will be merged with Coldwell Banker Hunneman, one of NRT's subsidiaries, to create the largest real estate and home services organization in the New England region.

NATICK, MA-A developer has been trying to get a senior-housing and country-club project built on one of the largest undeveloped parcels left here and the proposal has pushed the town's planning board to come up with a new cluster zoning bylaw.

BEVERLY, MA-Two developers propose two separate senior housing projects that, if approved, would bring 162 units to the area. One project includes 92 units on a 20-acre parcel while the other project has 72 units spread across a 45-acre parcel.

BOSTON-Apartment Investment and Management Co. purchases the apartment portfolio of local developer Thomas J. Flatley for $500 million. The 11-property portfolio consists of 4,323 units and the deal is considered the area's largest-ever multifamily transaction.