BOSTON-The city's office market continues to experience declining rents and relatively high vacancies, according to Spaulding & Slye Colliers recently released fourth quarter market report.

BURLINGTON, MA-ADC Software Systems leases 6,818 sf of office space at the four-story 24 New England Executive Park located within New England Executive Park--a one million sf office park owned by Equity Office Properties.

NEWTON, MA-Senior Housing Properties Trust, a locally headquartered REIT, closes an $86.6 million purchase and lease transaction with NewSeasons Assisted Living Communities Inc. The deal involves 10 assisted-living communities.

CAMBRIDGE, MA-Despite recent real estate forecasts from Boston-area landlords projecting an increase in office rents, the market here has not yet bottomed out, according to Cresa Partners' fourth quarter market update.

FRAMINGHAM, MA-The TJX Cos. Inc., a locally based discount retail chain, completed its acquisition of Bob's Stores, a Connecticut-based retail chain that recently filed for Chapter 11 bankruptcy protection.

BOSTON-Rothman Partners expands its space and extends its current lease at 711 Atlantic Ave. for another seven years. The firm relocated to the second floor of the building in a trade with Hitachi Consulting.

WALTHAM, MA-Q1 Labs Inc. is relocating from Canada to 1000 Winter St. in the Bay Colony Corporate Center. The developer of network security intelligence solutions, is subleasing 4,276 sf of space from Bessemer Ventures.

STONEHAM, MA-The state's environmental affairs secretary rules that the final environmental impact report for the Gutierrez Co.'s plan to build a 914,000-sf office park is inadequate.