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SAN MATEO, CA-The California Horse Racing Board has approved the purchase of the Bay Meadows racetrack by one of the nation's largest track operators.

CHICAGO- Bradley Real Estate shareholders approve sale of shopping center REIT to privately held Heritage Property Investment Trust of Boston. D'Arcy sees possible IPO of combined companies down the road.

WALTHAM, MA-A $63 per sf lease shows just how quickly rents are rising in the suburban market, as rates hit levels previously only seen in Downtown Boston.

BELLEVUE, WA-The Menlo Park, Calif.-based real estate company recently paid $15.9 million to purchase the downtown site, and has already submitted plans to the city for design review

WASHINGTON-Some Congressional lawmakers argue that it is illegal for the FCC to grant telecommunications companies access to multi-tenant properties.

SAN CARLOS, CA-To placate local preservationists, developer Chris Wuthmann is renovating four old apartment buildings and offering to relocate two others so he can construct two new ones.

BOULDER CO-Two real estate veterans partner for a $17 million, 72,000-sf office and condominium project in the city's core. The project features nine units specially designed for those who live and work in the same space.

NEW YORK CITY-DLJ gains international reach while CSFB gains on Goldman Sachs and Morgan Stanley.