Office

VALLEY FORGE, PA-The three-story class A building at 800 Adams Ave. will be Valley Forge Corporate Center's first new building in five years.

BOSTON-The buyer paid $4.5 million for the 75,000-sf building, a one-time truck dealership later owned by New Balance.

PARSIPPANY, NJ-Educational publisher Pearson will depart 299 Jefferson Rd., and the building's new owners are looking at multi-tenancy.

NEW YORK CITY-L & L Holding Co. signs 20,000 sf at 142 W. 57th St., where an extensive lobby renovation is expected to be completed next month.

CHICAGO-As part of the merger with LaSalle, Bank of America will move its commercial real estate banking headquarters to Chicago from Atlanta.

SANTA CLARA, CA-The publicly held cell phone chip maker from San Diego buys the 320,000-sf single-story campus from Irvine-based LBA Realty, which picked it up in 2005 for $46 million.

LAS VEGAS-Absorption normalizes in the face of above-average construction activity, pushing vacancy to its highest point since the turn of the century, according to a new report.

DALLAS-Chicago Title, with four aggressive offers to weigh, keeps keys to the 17th floor or 26,203 sf of class A office space in the CBD's Bryan Tower.