WALTHAM, MA-Private Healthcare Systems renews its lease for 200,000 sf of space at 1100 Winter St. in Bay Colony Corporate Center, a 58-acre complex comprised of four buildings. The five-year lease is one of the largest in the area in recent months.

PHILADELPHIA-Delaware-based Morgan Properties and Pen-Del Real Estate teamed up to buy the industrial park near Philadelphia International Airport for about $11 per sf. The 1.8-million-sf manufacturing, warehouse and office complex is 70% leased and has room for further development.

HOUSTON-The Lionstone Group, founded 18 months ago, gets a $75-million initial equity commitment with a buying power of up to $220 million for office buildings in 65 markets. Oregon Public Employees Retirement Fund is the equity player.

ATLANTA-Locally based Haddow & Co. tells the Houston developer the luxury condominium market won't support a planned 40-story, 300-unit tower and a second 150-unit high-rise in Midtown. The Atlanta Symphony Orchestra had planned to co-develop the site.