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.

DEARBORN, MI-The data processing firm is leasing entire the building, completed in 2000 and located across from Ford Motor Co. The private investment group from Southern California gets it for $108 per sf.

CHICAGO-Brokers at Cushman & Wakefield's second annual industrial conference hear strategies on surviving in a marketplace that sees the corporate client base continuing to shrink through consolidations.

NEW YORK CITY-City Council Speaker Gifford Miller blasts the current plan for awarding Liberty Bonds to residential projects and unveils the Council's own proposal for allocating the $1.6 billion in federal funding.