FRAMINGHAM, MA-Fidelity Investments leases 8,755 sf of office and retail space at Metrowest Place on 405 Cochituate Rd. The complex is a recently constructed, three-story, 45,000 sf first-class office building.

BOSTON-The Institute of Contemporary Art, Boston signs a 99-year lease with Hyatt Development Corp., to locate its new 62,000-sf, four-story museum in the Fan Pier waterfront development.

BILLERICA, MA-Stop & Shop Supermarkets sells its 16,000-sf building at 200 Boston Rd. to Billerica Corner LLC for $1.6 million. The retail building is located on Route 3A in North Billerica.

STOUGHTON, MA-Dal-Tile Corp. leases 23,500 sf of flex space at 800 Technology Dr., a 104,000-sf building that is part of a master-planned 1.8 million sf commercial park. The company is relocating from Avon, MA.

BURLINGTON, MA-National Development is moving ahead with plans to build the town's largest residential project in nearly two decades on a 70-acre former sand and gravel pit.

BOSTON- The management consulting firm is leasing 9,633 sf in the 500,000-sf, 11-story building at 31 St. James Ave. in a move from 364 Boylston St.

NORTH ANDOVER, MA-A group of local investors managed by Ozzy Properties acquires a 169-acre property at 1600 Osgood St. in the Merrimack Valley from Lucent Technologies. The deal is being touted as a potential economic boon for the region.

WOBURN, MA-VinCo Properties acquires a 77,000 sf industrial building at 39 Olympia Ave. for $4.4 million. The company says the deal will be a long-term acquisition for them and it involves a leaseback transaction in which Concepts NREC will remain in 44,000 sf in the building.