BOSTON-The deal to sell 1 Federal St. has closed. The IBM Pension fund sold the 38-story tower, located in the heart of the financial district, to Atlanta, Georgia-based Jamestown for $375 million, demonstrating the continued strength of the office market here.

MANCHESTER, NEW HAMPSHIRE-Raytheon Corporation sells its 2.72-acre site here on East Industrial Park Drive to Astoria LLC for $204,000. Once it secures an anchor tenant, Astoria plans to develop the site and lease the building on a build-to-suit basis.

BOSTON-The vision of a new home for the Red Sox right next to their old one in the Fenway seems to be fading. In its place, the waterfront district is becoming a distinct possibility.

BOSTON-The Lafayette Corporate Center, once a failed mall and now a thriving office and retail complex, is reportedly up for sale. Strong interest is predicted because of the recent rebirth of the Downtown Crossing area.

BOSTON-Legislators here attach an amendment to a landmark housing bill here that will enable many towns and cities in this state to be exempt from building additional affordable housing. The amendment allows mobile homes and apartments where state-subsidized tenants live to qualify as affordable housing.

ACTON, MA-W.R. Grace, the Columbia, MD-based chemical company, explores redeveloping portions of its 259-acre former Superfund site here and in Concord. This move is stirring up local activists who contend the site is not clean.

ACTON, MA-W.R. Grace, the Columbia, MD-based chemical company, explores redeveloping portions of its 259-acre former Superfund site here and in Concord. This move is stirring up local activists who contend the site is not clean.

BOSTON-With the recent approval by the state's environmental affairs office helping the proposed runway at Logan Airport here overcome a major hurdle, local activists are stepping up their campaign to stop the runway from being built.