JERSEY CITY-Sublease availabilities along the Hudson River clearly reflect the impact of the economic/real estate slowdown, and questions remain about what's next for the market.

IRVING, TX-Northrop Grumman adjusts its Las Colinas space to deliver the first lease for 75,000 sf vacated in a market exit last year by FairPoint Communications. The 20,000-sf deal includes first-generation shell space at 8710 Freeport Parkway.

PHOENIX-Ad-Print Inc. exercises its option to buy the 63,460-sf building, once a furniture factory at 4002 N. 36th Ave. The printer leased the site earlier this year from Whalen, Long & Shapiro of Long Beach, CA.

LOS ANGELES, CA-Perkins & Will signs a 10-year lease for 34,000 sf at 617 W. Seventh St., where it will consolidate offices from Santa Monica and Pasadena. Perkins & Will will occupy three floors of the 12-story building.