CHICAGO-The effective rent for office property owners in suburban Cook County is just $3.40 per sf after concessions are factored in, and just $3.08 per sf in Lake and DuPage counties, according to the Studley Effective Rent Index.

CHICAGO-The city will acquire a four-story building at 2658 W. North Ave. and two smaller buildings at 2634 W. North Ave., passing along the costs to Hispanic Housing Development Corp., which will build 100 affordable and market-rate multifamily units.

ELK GROVE VILLAGE, IL-The vinyl and aluminum siding maker pays $27 per sf for the building at 1501 Nicholas Blvd. The company already has three locations in this northwest suburb.

CHICAGO-The infusion helps close the gap between market prices for 53 units of replacement housing for Cabrini-Green public housing residents and 39 affordable units in the $119-million project on the Near North Side.

NAPERVILLE, IL-EBY-BROWN Co. renews a 30,220-sf deal at The Atrium here while Wildman Harrold Allen & Dixon renews and expands its deal at 2300 Cabot in Lisle to 13,359 sf.

CHICAGO-ASAT, Inc. plans to build 30 condominiums, 12,270 sf of ground-floor retail space as well as 219 parking spaces in a three-level garage along the 2500 block of heavily traveled Devon Avenue.

CHICAGO-Property management veteran Barbara Carley joins CB Richard Ellis from Equity Office Properties Trust, where she managed a 4.5-million-sf suburban Chicago office portfolio. CB Richard Ellis won the assignment from the new owners of the 3.5-million-sf tower.

CHICAGO-A $47.5-million loan arranged by Carlton Advisory Services moves the 151,861-sf retail portion of the building at State and Madison streets to Madison Realty Management Corp. from Archon Group.