CHICAGO-Paris-based Montparnasse Group 56, the owner of the John Hancock Observatory, is contemplating building a tourist venue called “The Tilt” that would rival the Willis Tower's the Ledge feature.

EAST RUTHERFORD, NJ-Commercial real estate services firm Jones Lang LaSalle is relocating its New Jersey headquarters office from Hasbrouck Heights to Metropolitan Center here.

PHILADELPHIA-The new ownership of the Dow building in Center City here plans to spend more than $20 million to redevelop the building in order for it to be transformed into a destination on Independence Mall.

NEW YORK CITY-Tilden Park Capital Management is relocating its operations from 900 Third Ave. to the 28th floor penthouse at 452 Fifth Ave.

NEW YORK CITY-Construction began recently on a 30-story Hyatt House development in Chelsea.

GERMANTOWNM TN-The University of Tennessee Multispecialty Center here has been sold for $22.5 million to Methodist Le Bonheur Healthcare Hospitals.

MIAMI-City Commissioners are scheduled to take a preliminary vote on Thursday to begin making downtown Miami a Downtown Pedestrian Priority Zone.

HOUSTON-Rida Development and Ares Management, LLC report they have secured funding from a consortium of six banks to move forward with their $335-million convention center hotel in downtown Houston.