CANTON, MA-New Jersey-based Roseland Property Co. has informed this town and neighboring Randolph that it plans to file a proposal to develop a 500-unit residential project on a site that straddles both communities.

CAMBRIDGE, MA-Escher Group Ltd. expands its space at 101 Main St. by renewing its lease for 13,000-sf and adding an additional 10,350-sf of space. The site, which is the entire 10th floor of the 18-story building, serves as the company's world headquarters.

MALDEN, MA-Funding is in place for the task of converting of an old schoolhouse into condominiums. The 29-unit project secured $1.4 million in equity financing and a $4.6 million construction loan that will also finance the development.

CHELMSFORD, MA-Cisco Systems Inc. puts another 448,000-sf of space on the market as part of preparations for its move to the campus it is developing in Boxborough. An industry expert tells GlobeSt.com that the move has been anticipated by the local real estate community.

DANVERS, MA-The town edges closer to its 10% affordable-housing requirement with the approval of a 258-unit apartment complex on the former Swing-A-Way driving range on Route 1. Northland Investment Corp. applied for a comprehensive permit for the project under the state's chapter 40B affordable housing law.

BOSTON-As part of the city's ongoing effort to revitalize the waterfront in South Boston, a plan to develop a 50-acre public park on and around the water has been unveiled. The park will connect South Boston to the city's financial district.

OGUNQUIT, ME-The family of Barbara Merrill sells the Norseman Resort, Seacastles Resort, and the Ogunquit River Plantation for $18 million to Lafayette Hotels of Bangor, ME. The three properties were on the market for a year and a half and total 225 rooms.

BOSTON-In a move that will make the investment management firm one of the largest tenants in the building, Loomis, Sayles & Company, L.P. leases 146,914 sf of space at One Financial Center, a 46-story office tower in the heart of the city's financial district.