Includes commentary on trends and significant transactions in the metropolitan Boston real estate and capital markets. A report discussing trends in the greater Boston biotechnology industry and commercial lab markets. 2nd Quarter 2008 1st Quarter 2008 4th Quarter 2007 3rd Quarter 2007 Current week of July 3, 2008 Interest Rates as of July 8, 2008 7.7.08 Colliers Meredith & Grew Represents Acceleron Pharma for 74,816 Square Feet 7.1.08 Spinnaker Management Group, LLC Subleases 60,000 Square Feet at 148 Ward Hill Avenue in Haverhill, Massachusetts 6.9.08 Colliers Meredith & Grew Arranges Two Leases Totaling 19,602 SF at Riverside Technology Center in Cambridge, Massachusetts © 2008 Colliers Meredith & Grew