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MARLBOROUGH, MA-The city wants to acquire 52 acres of state surplus land. While initially there were indications that the state would donate the land, the city will now have to pay the market value, which is currently $226,500.
BOSTON- FleetBoston Financial Corp. will have sales centers in 10 Staples stores throughout the Northeast. The locally based financial services company, will lease the centers--which will be 150 sf each--from Framingham, MA-based Staples.
CONCORD, MA-A day before they were to be put on the auction block, the campaign of Warren Tolman, a Democratic gubernatorial candidate, cancels the sale of two parcels of state surplus land that were being sold to fund the Clean Elections law.
BOSTON-The developers of Columbus Center, a hotel and residential complex that will loom over the Massachusetts Turnpike in the Back Bay will present yet another reconfiguration of the project to the city.
WHITMAN, MA-A locally based developer, Richard Rosen, files a proposal with the town to build a senior-housing development at the former Smith Farm, a 59-acre property located on Route 14. Rosen is looking to put from 100 to 120 units on the site.
BELMONT, MA-Looking to increase its tax base, the town gets its wish in the form of a 245,000-sf office/R&D building that just got zoning approval. The project was proposed by O'Neill Properties nearly two years ago for a 15-acre site in Acorn Park.
BRAINTREE, MA-The CompUSA facility, a 25,500-sf building that is part of the CompUSA computer superstore chain, was sold for $6.25 million. The facility is located on Route 3 in the Braintree Marketplace, a 350,000-sf power center.
BOYLSTON, MA-The Clean Elections Law continues to make waves across the state as towns discover that state-owned sites in their midst could be put up for auction to fund the clean election candidates. The legislature has yet to formally protest the land sales.
MEDFORD, MA-Elizabeth Grady Cos., a skin care and day spa company, intends to open 100 new locations in the northeast as part of its expansion plans. The locally based company currently has 22 locations, 18 of which are in the state.
BOSTON-Equity Office Properties Trust files its plans with the Boston Redevelopment Authority for a hotel, residential and office project at Russia Wharf. The 95,000-sf site on the South Boston waterfront is right near the land that will be exposed once the Big Dig drops the highway underground.