GLENVIEW, IL-An Atlanta-based subsidiary of the British Six Continents Hotels Inc. has started work on two extended-stay hotels in Chicago's north suburban market, in nearby Lincolnshire as well as here.

OSWEGO, IL-Oswego, a far western suburb of Chicago and site of the some vigorous real estate development in recent years, now sees its largest industrial property sold for $4.15 million.

CHICAGO-With the direct lease office vacancy rate now at 10.8% in Chicago's CBD, CB Richard Ellis research finds that if sublease space is factored in as well, the rate rises to 15.6%.

CHICAGO-Sheldon Good & Co., which started as a commercial brokerage firm in 1965 and is now best known as an auctioneer, is launching a new brokerage division to complement its real estate auction services.

CHICAGO-Chicagoland's retail vacancy rate is down slightly from earlier this year, which had a rate of 10.3%. Last year's third quarter vacancy rate was 9.3%.

CHICAGO-In today's economy, investors still seem to have an appetite for well-located retail centers with grocery stores as anchors. The Safeway division of Dominick's Finer Foods anchor both centers, totaling 289,560 sf.

CHICAGO-Even with the downturn in the economy, fitness clubs still see the neighborhoods of the North Side of Chicago as prime sites for expansion. Within days of each other, two new ones announced plans to stake their claims in that part of town.

TINLEY PARK, IL-With an $8-million medical office building, Advocate Health Care is expanding its presence in the southwest suburbs, an area that is still seeing its residential base expand and creating a higher demand for medical services.