SOMMERVILLE, MA-Cathartes Investments is in a good position to win a city contract here to develop a T (MBTA) station after another successful real estate deal. Also, the company has reached an agreement to sell 70 Innerbelt Rd. for $33.3 million.

LEXINGTON, MA-Cubist Pharmaceuticals has bought an 88,000-sf headquarters here for $34 million. The company is moving out of its three buildings in Cambridge due to its growth and need for consolidation.

BOSTON-While developer Nicholas Pritzker's plans for Fan Pier on South Boston's waterfront remain stalled in negotiations, new plans for Pier 4 were positively received by the state environmental secretary Robert Durand.

SOMERVILLE, MA-In a move that will increase commercial space in this largely residential area, Taurus Investment's plans for a mixed-use development on the site of the former Assembly Square Mall were approved.

BOSTON-A number of small hotel projects underway here will help the city increase its number of rooms, but the convention center anchor hotel is still deemed crucial to the success of the convention center.

WALTHAM, MA-Polaroid is selling its 56-acre property here in Greater Boston's strongest suburban office market. The company, which bought the land in the late 1960s, hopes to take advantage of the high prices.

WOBURN, MA-MetroNoth Corporate Center continues its Superfund success story as it begins development on another Class A office building here. The complex is built on property that was once deemed contaminated by the EPA.

WEYMOUTH, MA-In yet another setback for Mills Corp., Weymouth Town Council votes to support Mayor Madden opposition to the company's proposed mega mall/business complex on the former South Weymouth Naval Air Station.