CHICAGO-Hines US Office Value Added Fund pays $131 per sf for the 10-building, 529,000-sf Capital Center II and III in Rancho Cordova, CA, the only asset Trizec Properties, Inc. had in the Sacramento market.

OAK BROOK, IL-CalEast Industrial Investors, a real estate operating company owned by the State of California Public Employees' Retirement System and LaSalle Investment Management, agrees to put up another $200 million with CenterPoint Properties Trust chipping in $67 million.

DEERFIELD, IL-Now owned by Rhode Island-based Citizens Financial Group, Charter One takes 25,455 sf, the entire second floor, at Nine Parkway North for its regional retail headquarters.

VERNON HILLS, IL-Current zoning allows Weiss Development of Lincolnshire to build up to 60 condominiums at 24553 Milwaukee Ave., which it acquires from Emerald Pointe General Partnership of Kenilworth for $2 million.

CHICAGO-A long-awaited drug store could open by the end of next year at the northeast corner of Chicago Avenue and Pulaski Road. The community development commission recommends $765,000 in tax increment financing as well as the sale of three parcels worth $169,000 for $1.

CHICAGO-Robert Micera joins First Industrial Realty Trust, Inc. as senior vice president and national head of net lease investments. He joins the REIT from Ernst & Young's real estate advisory services, where he was managing director.

CHICAGO-Reserved spaces increase by 1%, but the daily rates Downtown soar 25% during the past year while unreserved monthly rates increase nearly 11%, according to Colliers Bennett & Kahnweiler Inc.

CHICAGO-While the real estate services firm renews a a lease for 132,000 sf at Aon Center for another 10 years, Jones Lang LaSalle takes over leasing and management of Wells Real Estate Funds' 2.5-million-sf asset, along with seven other properties in New Jersey and Washington, DC.