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This Week's Boston Deal Sheet

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Biotech company Sanofi Genzyme has expanded its footprint at One Research Drive in Westborough.

The company has expanded its lease at the building by 47% and will now occupy over 167k SF of the 283k SF Class-A building. Ferris Development purchased the building, which is now more than 96% occupied, in 2014 for $21.5M. Transwestern repped Ferris, while JM Zell aided Sanofi Genzyme.

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Leasing

Cambridge-based biotech company Unum Therapeutics has relocated its HQ from the LabCentral incubator program in Kendall Square to 200 CambridgePark Dr. The company secured $65M in Series B funding last year and will occupy 33k SF at its new digs.

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Metabolix is relocating its HQ from Cambridge to Woburn this June. The biomaterials company has signed a 10-year lease to occupy 29k SF at 19 Presidential Way, a four-story, 144k SF building owned by Alexandria Real Estate Equities. Transwestern negotiated the lease on behalf of Alexandria, while JLL repped Metabolix.

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BNY Mellon has re-upped its 250k SF lease at One Boston Place for a 15-year term. The investment giant has been an anchor tenant at the 41-story downtown office tower at 201 Washington St since 1980.

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Sales

A JV of Boston-based Gordon Brothers Group, Odyssey Real Estate Capital of Las Vegas and New York-based New Mill Capital Holdings has acquired the former Sunny delight bottling plant in Littleton for $4.6M. CBRE has been retained to market the property.

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Financing

CBRE/NE’s Multifamily Debt & Structured Finance Group secured $5.7M in acquisition financing for SVN/Parsons’ $7.5M purchase of Dean Estates, a 58-unit multifamily property in Taunton.

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This and That

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Plymouth Pinehills Village has been named “Community of the Year” by NAHB’s Best in American Living Awards and picked up another award for “Best Mixed-Use Community.” The 3,000-acre community on the South Shore in Plymouth opened in 2001 and includes 1,800 homes, a number that will grow to more than 3,000, including single-family, apartments and condos. Pinehills features 10 miles of walking trails, over 2,000 acres of natural and recreational space, and the Village Green, home to restaurants, retail and services.

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Ground has been broken for The Hub on Causeway, the mixed-use development on the site of the old Boston Garden that will span more than 1.5M SF. Plans for the 2.5-acre site call for a 260-room hotel, residential, retail and offices.

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Bill Goade, former CEO and founder of Cresa Partners, has announced he will be retiring this spring. The company was founded in 1985 as Avalon Partners, a 60-person startup office in Boston and has grown to more than 70 worldwide locations. Cresa is North America’s largest tenant-only commercial real estate firm.