Boston

NATICK, MA-REON Broadband establishes a partnership with Franchi Management Company Inc. The internet and broadband service provider will offer high-speed internet and other broadband services to eight of Franchi Management's commercial office buildings throughout the Metro West area.

NORTHBOROUGH, MA-The I-290 Industrial Park, currently owned by the Ohio Teachers Retirement System, is reportedly being purchased by the RREEF Funds. The broker, manager and seller of investment grade real estate is said to be acting on behalf of institutional investors.

FRAMINGHAM, MA-Genzyme Corp., a biotechnology and health care products company, plans to develop a 300,000-sf manufacturing plant here next to the company's existing campus. The plant is part of a company strategy to increase its manufacturing capacity.

WALTHAM, MA-Polaroid Corp. sells its 56-acre campus here to the Davis Companies in a joint venture with Prudential Real Estate Advisors. The embattled instant photography company has been struggling to reduce its debt.

QUINCY, MA-Massachusetts Heavy Industries' latest financial scheme to gain control of the Fore River Shipyard here is coming under scrutiny. The bankrupt company needs to raise $55 million to be able to get another chance to revive the shipyard.

NORTH ANDOVER, MA-Lucent Technologies, the New Jersey-based telecommunications company, plans to cut 1,000 jobs in this state. While the company intends to keep all facilities in this state open, some consolidation might eventually occur.