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CHICAGO-D2 Realty Services Inc., a Chicago-based firm, whichowns a 1.6-acre undeveloped land close to four blocks south of theWillis Tower, has won a legal battle over $785,000 in earnest moneyagainst Chieftain Group, an Ireland-based developer. This rulingallows D2 to place its property on the market for sale.

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In February 2008, an affiliate of D2 inked an agreement to sellthe asset to Chieftain Group for $20 million, which had planned toconstruct a $150 million mixed-use development. For thefull story, go to Crain's Chicago Business.


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