CHICAGO-The Atlanta-based retailer will build a 132,736-sf store at 541 W. Roosevelt Rd., less than a mile from a Central Station development that includes Mayor Richard M. Daley's townhouse.

CHICAGO-AMLI Residential Properties Trust chairman Gregory T. Mutz spent nearly six years as president and CEO of UICI, but returns to the REIT as CEO, a job that had been filled by president Allan J. Sweet and EVP Philip N. Tague.

CHICAGO-Wheeling-based developer Art Gurevich's $3-million project, endorsed recently by the city's plan commission, is about 60% of the allowable size for the three vacant lots at 4427-35 S. Oakenwald Ave.

MARKHAM, IL-Oak Brook-based the Inland Real Estate Group sells the 260,000-sf Canterbury Shopping Center on 29 acres at 159th Street and Kedzie Avenue to New York-based Thor Equities, which is renaming it Gallery at Canterbury.

CHICAGO-With prices averaging $61,000 per unit and capitalization rates dropping to 7.1%, Marcus & Millichap's multifamily research report suggests the 23% increase since 2000 may be over. Rents will remain flat but vacancy is predicted to stabilize around 7%, the report adds.

SCHAUMBURG, IL-Grubb & Ellis' No. 2 US retail broker in 2002 departed early last year to form Affinity Commercial Real Estate, which now has seven tenant representation clients in addition to more than a dozen land and shopping center listings.

PHILADELPHIA-Paul J. Dolinoy and Gene Conway, who have 63 years experience in the real estate finance industry, sign on to GMAC Institutional Advisors LLC's management teams.

CHICAGO-Opening malls outside the US is "only a natural extension of our business," says CEO John Bucksbaum, but the second-largest US retail REIT has plenty on its plate at home.