DEERFIELD, IL-Walgreen Co.'s Junes sales ring up at $3.5 million--a 12% increase from the same period last year.

CHICAGO-Equity Office Properties Trust sells 1.6 million sf in the first quarter and 7.5 million sf in the second quarter. Reaching a $1.6 billion benchmark at mid-year, the company is on target to sell an anticipated $2 billion to $3 billion of assets by year-end.

BASSETT, VA-Custom furniture retailer Bassett Furniture Industries reports a 37% increase in net income.

OKLAHOMA CITY-Fast-food eatery Sonic Corp. reports a 19% increase in net income and same-store growth of 5.5%.

HOLLYWOOD, FL-Healthy food and smoothie retailer Froots plans to open a total of 300 franchised stores in the next five years.

DALLAS-In a move aimed at bolstering Grubb & Ellis' national presence, the company hires veteran Michael J. Dee.

MOSCOW-Yum! Brands Inc. and Rostik Restaurants Ltd. invest $130 million to create a co-branded chicken chain.

CHICAGO-Real estate experts discuss the status of Chicago's retail market at a Chicago Real Estate Council luncheon Wednesday. According to the panelists, barriers to entry continue, land prices are high, and the tremendous amount of capital continues to put pressure on the market.