MARLBOROUGH, MA-Concerns over a sluggish economy prompts New York-based developer Benderson Development Company to abandon plans to develop a five-story hotel here at the corner of Glen Street and Route 20. The land is owned by the Gutierrez Co.

BOSTON-Teradyne, Inc. slashes another 11% off its work force, with 120 employees in this state being laid off. The company says that its facilities here won't be affected but the company recently put a halt to construction on three new facilities in Bedford.

FRAMINGHAM, MA-After laying low for nearly a year, Boston-based Paradigm Properties acquires 959 Concord St. here for $12.15 million. Leggat McCall Properties, which is currently involved in restructuring its company, sold the 76,000-sf building.

BURLINGTON, MA-New Boston Fund, Inc. purchases Five Burlington Woods here from Lend Lease Real Estate Investments. The three-story, 106,000-sf building was sold for $18 million or $175 per sf, indicating that safe acquisitions in this area are still being sought after.

BOSTON-Local hotel and convention center officials here fear that the recent terrorist attacks could have long-term implications for their industries. Hospitality industry's reliance on the faltering airline industry is another source of concern.

BOSTON-In response to Tuesday's terror attacks in New York and Washington DC, area buildings have tightened security measures. There is speculation that commercial property insurance rates will be raised to offset these costs.

BOSTON-A package of affordable housing bills reaches the Senate here after passing the House. The legislation's most controversial element is its expansion of the definition of affordable housing to include mobile homes and those receiving federal rent subsidies.

BOSTON-New regulations to the state's affordable-housing law anger developers here. The law has become a divisive issue between suburban and urban officials as well as developers who are accused of taking advantage of the regs to bypass local zoning rules.