DANVERS, MA-Developers buy the former Osram Sylvania manufacturing facility here for $5.6 million, joining the Cummings Center and the Tower of Northwoods, demonstrating that the North Shore is becoming a business address.

CHESTNUT HILL, MA-Competition within the assisted living industry heats up as a local developer opens an upscale complex here. The 48-unit center costs $53 million to build and includes hotel-style amenities.

BOSTON-A new land bill would allow developers to voluntarily take their property out of the state's registered land system. This translates into more efficient, less costly transactions, according to an attorney who worked on the bill.

BOSTON-Equity Office Properties Trust launches a new type of office space here that allows clients to sign a license agreement and immediately move into fully equipped offices. Lease terms are from month to month for up to 18 months.

BOSTON-Ireland-based Baydon Solutions establishes its US headquarters here in the financial district. The company provides knowledge delivery and e-learning solutions and is looking to expand its presence in the US.

BOSTON-Despite recent reports, Massachusetts Convention Center Authority officials insist that there is no way they could have known about the center's budget problems any earlier. The MCCA board is looking at how to cut costs from the $750 million project.

BOSTON-Local developer Steve Karp notifies City Hall here of his plans for Pier 4 on the South Boston waterfront here. Karp also files the required environmental notification forms for his $400 million mixed-use project.

QUINCY, MA-The new 17,000-sf HQ, once a Howard Johnson candy factory, has been completely renovated. Nearby executive parks are charging substantially higher rents.