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 Issue of January 16, 2006 
   
Northrop Grumman leased 80,000 square feet of space at Brickstone Square in Andover late in 2005. Defense-related companies played a major role in the success of suburban Boston’s office sector last year.


Suburban Office Market Gets Its Offense From Good Defense
By Joe Clements
Athletic fields might not be the only place where the best offense can be a good defense, or so one might glean from the recent resurgence in suburban Boston’s office market, a sector whose recovery has been aided greatly by a run-up for military spending and emerging industries focused on national security efforts.



Bay State Branching Outpaces U.S. Rate
By Andrea Gregory
New bank branches are dotting the Massachusetts landscape. Expansion has played a major part of the battle for space, recognition, customers and market share in the banking industry. In the past five years, branching out has come to be considered a necessary component to remaining competitive, according to industry experts.



Revised Contractor Law Creates Hurdles
By Aglaia Pikounis
When Peter Lawton, a kitchen and bath remodeler based in Worcester, was working on multiple projects and needed extra help, he often hired outside carpenters to help complete tasks like cabinet installation.



Council Unveils New Guidelines for Online Banking Protection
By Andrea Gregory
Banks are in the process of deciding just how they will determine who is sitting behind a computer screen when someone logs onto an account.



Analysts at Spaulding & Slye Predict a Busy Market in ’06
By Joe Clements
Talk about demanding. Even in the wake of Boston’s second-best leasing year on record, broker William P. Barrack is not entirely impressed by the local office market entering 2006.



Team Readies to Break Ground at Boston Hospital Site in April
By Aglaia Pikounis
After years of reviews and starts and stops, plans to redevelop the former Boston State Hospital site are slated to come to fruition when a development team breaks ground on an expansive residential project featuring a mix of townhouses and apartments in April.




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