OAK BROOK, IL—The Oak Brook-based REIT has joined with a Dutch pension fund and other partners to develop a Mariano's-anchored shopping center in suburban Evergreen Park.

CHICAGO—John Coleman from Newmark Knight Frank Epic says SBA financing, general economic health and a scarcity of available A product has pushed investors into class B industrials.

CINCINNATI—The REIT sponsored by Phillips Edison & Company and AR Capital LLC recently surpassed $700 million in acquisitions and has made its first foray into Missouri.

CHICAGO—The buyers hope to close by December and say the 1.4-million-square-foot facility may replace distribution space currently getting crowded out of the West Loop.

CHICAGO—State boards have to fully disclose their reasons for reaching decisions, an appeals court just ruled, and this new transparency will have an impact throughout commercial real estate.

CHICAGO—Although the recent rise in interest rates has curtailed somewhat the popularity of these loans, for many they still make financial sense.

MOUNT VERNON, IL—The owners plan to remake the center and the arts and crafts chain is the first of several new tenants.

CHICAGO—The CEO of DDR Corp. and a managing partner of Brookfield will join the REIT's board and fill recently vacated slots.