CHICAGO-The two firms grab space made available through the merger of Monsanto Co. and Pharmacia & Upjohn. Navigation Technologies takes 100,000 sf in the Merchandise Mart; Kraft takes 117,000 sf in Skokie.

DENVER-It just made sense to sell, says the attorney representing FirsTier Corp., which is now the property of Compass Bancshares. The two banks have finalized the previously announced deal. FirsTier's portfolio contains 17 offices along Interstate 25.

STATEWIDE-Sears' decision to close stores nationally will have a direct impact on the Garden State as five specialty stores and one full-line store will close, one of the few of its kind in the nation to be shuttered.

ORLANDO-The locally-based company is selling off 60-year-old tracts in Georgia and Florida to pay for new investments over the next 24 months in Orlando, Tampa, Jacksonville and Dade-Broward-Palm Beach Counties.