CHICAGO-Wells Street ends in rubble, city officials admit, just south of a site where Evanston developer Bob Horner plans to build 88-unit building with 4,000-sf of ground-floor retail space.

TINLEY PARK, IL-The office supplies retailer joins Walt's Finer Foods, the Tile Shop, Dollar Tree and Women's Workout World in Tinley Park Plaza at the southeast corner of 159th Street and Harlem Avenue.

CHICAGO-Two buildings totaling nearly 1.3 million sf in McCrory, AR and Henderson, KY will be sold in a sealed-bid auction next month run by Sheldon Good & Co. Auctions LLC.

NORTHBROOK, IL-The brokerage company posts a $12.6-million profit for the fiscal year ended June 30, a reversal from the previous year, when it lost $17.9 million.

CHICAGO-Margaret Fogarty DeWoskin joins the company from Builders Bank to head a six-person transaction analysis team to crunch the numbers for ORIX Real Estate Equities' developments and acquisitions across the US.

NORTHBROOK, IL-Rising interest rates are seen as the reason for the number and value of net-lease properties on the market across the US jumping 11% and 12.8% respectively, according to the Boulder Group's third-quarter report.

CHICAGO-A request for proposals seeks retail, recreational or cultural uses for two city-owned parcels totaling 2.36 acres straddling two corners at 115th Street and Western Avenue. An ice rink and skilled nursing facility were among the ideas once planned for the site.

CHICAGO-The overall industrial vacancy rate of 9.9% should decline the rest of the year, according to Grubb & Ellis' second quarter market report, but owners of properties in the city and Cook County suburbs will have leasing and selling challenges.