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The Southern Park Mall, which is adjacent to DeBartolo Commons, is also undergoing some improvements that will include a new entertainment hub that will feature a 37,000-square-foot indoor golf entertainment center, additional entertainment uses and new food and beverage offerings.

MC Real Estate Partners, which owns office properties in the New York, Boston, and Washington, DC metro areas, was launched this year by Andy Nathan and Steve Grant.

The deal for the 392,600-square-foot 880, 890 Winter St. further increases Boston Properties' holdings in Waltham. T

The firm's "Bell Works" project, a 2 -million-square-foot redevelopment of the former Bell Labs' complex, reached a significant milestone with the latest lease deals—roughly 1 million square feet of office space at the complex is now leased.

The New Jersey companies that participate in the initiative will gain access to international partners and to research and development funds from an Israeli company and the Israel Innovation Authority.

The seven new spec buildings were delivered 78% vacant, adding 2.6 million square feet of new vacant space to the big box market.

The firm sold the two properties after expanding into new facilities, according to Newmark Knight Frank, which represented the seller in the transaction.

New York real estate investor Allied Partners buys the South Beach drugstore.