NASHUA, NH-Adaptec Inc. closes its facility and lays off 22 employees. The Milpitas, CA-based company, which develops data storage access solutions, blames the soft market for its need to restructure, which it says will result in annual savings of $16 million.

WALTHAM, MA-T3 Realty Advisors, a strategic real estate advisory and commercial brokerage firm for technology and venture capital firms that was established last summer by three brokers who left Meredith & Grew, relocates its headquarters to 1000 Winter St. in the Bay Colony Corporate Center.

SHREWSBURY, MA-Town Meeting votes to acquire the 60-acre Allen Farm. AvalonBay Communities wants to develop a 300-unit residential complex on the site but the town wants to see the site--which is sandwiched between Routes 9 and 16--used for commercial space.

BOYLSTON, MA-A bid to develop a residential complex on a 15-acre parcel on Stiles Road is in trouble, as the town files a lawsuit contending that it was not properly notified about the land sale. The town has rights of first refusal on the property.

BOSTON-Emmanuel College gets city approval to buy back a 48,000-sf building it sold to Beth Israel Deaconess Medical Center more than 30 years ago. The former all-girls college, which recently went coed, will be restoring the office building to its original use as a 212-room dorm.

BOSTON-The Germain Group will build a 125-room boutique-style hotel in the Ames Building at One Court St. The Quebec-based hotel developer has acquired the hotel development rights to the building from Intercontinental Real Estate Corp.

BOSTON-The Boston Redevelopment Authority approves the redevelopment of the former Charles Street Jail into a 305-room luxury hotel. The agency initially postponed making a decision about the project because the developer couldn't reach an agreement with the hotel workers' union.

AUBURN, MA-Emeritus Assisted Living purchases the Village at Eddy Pond, a 110-unit assisted-living community located at 669 Washington St. The Seattle, WA-based company, a national provider of assisted-living and related services to senior citizens, currently leases the site.