BOSTON-Boston Properties Inc. proposes additional development at the 25-acre Prudential Center here, including a hotel and a 19-story apartment tower. A residents advisory group opposes the plan.

SAN FRANCISCO-The San Francisco-based REIT with 946 buildings in 25 markets and the manager of $12.4 billion in pension fund real estate holdings, align themselves with the Los Angeles-based on-line real estate services company.

CHARLOTTE-The locally based developer plans to redevelop the existing 234,000-sf Midtown Square mall into 875,000 sf of of retail and office, 200 hotel rooms and 500 residential units at an estimated build-out cost of $100 million.

ATLANTA-The multi-tenant office building high-tech provider plans to lay off about 240 employees or about 45% of of its total 536-worker staff nationwide by June. The move, aimed at all levels, is being made to conserve cash and reduce operating costs at all levels. But Cypress chairman/CEO Frank Blount says the firm plans to enter new markets and re-enter its licensed markets when it has saved enough cash to do so.