CHICAGO-Centerpoint Properties Trust will sell the land, which includes three industrial buildings, to the city for more than $775,000 per acre. The property actually is in Des Plaines, a suburb opposed to airport expansion.

PORTLAND-Developer Eastern Western Corp., which completed the first building last year as a build-to-suit for West Coast Paper, leases more than half of its speculative 135,000-sf second phase several months prior to completion.

MT. OLIVE, NJ - The space was freed up at the German-owned chemical giant's one million-sf complex here following the sale and relocation of its Knoll Pharmaceutical operating unit.

WOBURN, MA-Genuity will lay off 24% of its employees as part of a company-wide restructuring and cost savings plan. A company spokesperson tells GlobeSt.com that the fate of the company's three facilities in this state has not yet been decided.