The Davis Cos. has reached an agreement to buy a nearly 100-acre tank farm near Encore Boston Harbor in Everett from ExxonMobil, the Boston Globe reported. The property is one of the largest available development sites in the Greater Boston area. The developer hasn't unveiled its plans for the property, but Everett officials have touted it as an opportunity for life sciences. Exxon hired JLL to market the site for sale last year. “Everett residents finally have the chance to realize the benefits of the types of economic development opportunities they deserve with the redevelopment of the ExxonMobil ... parcel and the Constellation Energy generating sites,” Everett Mayor Carlo DeMaria told the Globe. Everett has seen a wave of new development, such as Wynn’s Encore Boston Harbor casino and hotel, where the developer has proposed plans to build a nearby 1,000-seat events venue and restaurant. Additionally, power plant owner Constellation agreed to put up 45 acres of its Mystic Generating Station in Everett for sale. FINANCING 
MassDevelopment provided nearly $6.5M in loan financing to Concord Square Planning & Development Inc. for the redevelopment of a vacant four-story building at 28 Petronelli Way in Brockton, the home of Petronelli Gym until 2012. The developer has plans to build 18 market-rate apartments. Brockton’s Transformative Development Initiative,…  Read the full story here. | 
