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BOSTON-A real estate investment firm that specializes in developing affordable housing has expanded its own housing by 3,010 sf with the signing of a five-year lease at 30 Court St. in a move that gives the firm an entire floor in the building. Housing Investments Inc., which moved into 5,680 sf at the 12-story, 115,000 sf office building the Financial District two years ago, will now occupy 8,780 sf under a lease that extends the firm’s occupancy until 2010, Karyn McFarland, president of McFarland & Finch, tells GlobeSt.com.

“They originally selected the building because of its location and it’s good window line and because it was an opportunity for the tenant to design the space the way they wanted to,” says McFarland, who represented the tenant. Terms of the lease were not disclosed but McFarland says the additional space now gives the consulting and advisory group room the entire sixth floor for expansion.

Built in 1912, the property, owned by the Carlyle Group and Paradigm Properties, underwent a million dollar renovation in 2003 that included extensive improvements to the building’s lobby. The Carlyle Group and Paradigm Properties were represented in the transaction by Timothy M. Lyne, and William J. Crean, Jr., both with CB Richard Ellis/Whittier Partners in Boston.

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