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PhiladelphiaMarch 10, 2010 Philadelphia Marriott Downtown - Philadelphia, PA
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Valspar Takes 40,000 SF in O’Hare Submarket By Katie Hinderer CHICAGO, IL-The lease bodes well in a struggling area where at year-end the vacancy rate reached 26%, when the average suburban vacancy rate was 24.9%. ... Full Story

Testa Produce To Build LEED Platinum Facility By Katie Hinderer CHICAGO-The produce distributor will build a 91,000-square-foot facility at 4555 S. Racine Ave. within the Stockyards Industrial Park. ... Full Story

Preferred Buys Village Green Center By Katie Hinderer DECATUR, IN- The 93,000-square-foot shopping center is anchored by a Scotts Grocery and was being foreclosed on by a life insurance company. ... Full Story

Construction Completes on 346-Key Senior Star By Katie Hinderer ROMEOVILLE, IL-The senior living community includes more than 400,000 square feet of space, including 77 apartments for those living with Alzheimers disease. ... Full Story

Deloitte Names O'Brien Head of US Real Estate By Sule Aygoren Carranza CHICAGO--Global international accounting and consulting firm Deloitte has shuffled up its executive ranks in a major way, appointing Robert T. OBrien as the new head of its US real estate practice and vice chairman. ... Full Story

Chicago Retail Development Drops 79% By Katie Hinderer CHICAGO-In 2009 the delivery of gross leasable area totaled 1.7 million square feet; a 53% decline from 2008, when GLA totaled 3.7 million square feet. ... Full Story

Skilled Nursing Facility Trades for $22M By Katie Hinderer CHICAGO-Tryko Partners and ManagCare Inc. purchased the four-story, 313-bed facility with plans to increase occupancy. ... Full Story

FDIC To Fill 150,705-SF Building By Katie Hinderer SCHAUMBURG, IL-The FDIC will occupy the entire building here in the Woodfield Corporate Center. ... Full Story

Diliberto Launches Auction, Advisory Firm By Katie Hinderer CHICAGO-The firm is auctioning the newly renovated 20,000-square-foot building at 2248 S. Michigan Ave. ... Full Story

One North Wacker Fills 100,000 SF By Katie Hinderer CHICAGO-Law firm Barnes & Thornburg has taken 83,000 square feet to expand its presence in Chicago. ... Full Story

GGP Closes $155M Mortgage Loan By Katie Hinderer CHICAGO-GGP has brought 180 GGP subsidiary debtors and 96 assets out of bankruptcy, with another 16 loans about to be restructured. ... Full Story

Developer Proposes $350M Condo Project By Katie Hinderer CHICAGO-The condo developer is asking the city to rezone a portion of Uptown and approve $40-million to $50-million tax-increment financing. ... Full Story

New Lease Brings Marshfield to 90% Occupancy By Katie Hinderer CHICAGO-Burlington Coat Factory's lease brings the 454,000-square-foot retail center to 90% occupied. ... Full Story

GFX International Leases 85,000 SF By Katie Hinderer LIBERTYVILLE, IL-The manufacturing and distribution facility will consolidate two other GFX locations. ... Full Story

Global Recovery Fragile but Moving Forward By Katie Hinderer CHICAGO-JLL's Global Market report finds office rental rates are likely to decline further but investors are actively seeking purchases. ... Full Story

Industrial Vacancy Hits 19-Year High By Katie Hinderer CHICAGO-According to a new study the market's vacancy rate sits at 12.2% up from 10.3% in the fourth quarter 2008. ... Full Story

Target Eyes State Street By Katie Hinderer CHICAGO-The retailer is looking into locating in the former Carson Pirie Scott & Co. facility at 1 S. State St. ... Full Story

WEL Cos. Signs on for 150,000 SF By Katie Hinderer JOLIET, IL-The Wisconsin-based company has signed a long term lease and will relocate from its current Plainfield, IL location. ... Full Story

Fifield Forms $600M Apt. Acquisition Fund By Katie Hinderer CHICAGO-The company will purchase more than 5,000 units before year-end and is targeting acquisitions between $20 million to $50 million. ... Full Story

Cabrini-Green Project Gets Boost from City By Katie Hinderer CHICAGO-The Parkside at Old Town Square received $3.4 million of public subsidy early from the Daley administration. ... Full Story

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