PARK RIDGE, IL-Some aldermen here object to the how a short list of potential developers of the former Bredemann car dealership site was put together, as well as who made the top five.

CHICAGO-The Securities and Exchange Commission now occupies the sixth and eighth floors in the 1.45-million-sf, 22-story building, increasing its deal with 175 Jackson LLC by 50%.

VERNON HILLS, IL-The wholesale woodworking distributor, based here, signs renewals for industrial space in its smaller markets, with both deals involving Podolsky Northstar Realty Partners principal Steven Podolsky.

PARK RIDGE, IL-City staff members and SB Friedman & Co. pick five teams out of 19 responses to its request for qualifications sent to more than 150 potential developers for the former Bredemann auto dealership site.

CHICAGO-RSM McGladrey Inc. leads a wave of new deals with a 43,300-sf lease with Houston-based Hines Interests LP and California Public Employees Retirement Systems. H&R Block Inc.'s business consulting unit is moving into the property early next year.

CHICAGO-Grocery-anchored neighborhood retail centers are expected to provide the highest return with the least amount of risk, according to "Emerging Trends in Real Estate." The time may be right to sell them along with multifamily properties, PricewaterhouseCoopers and Urban Land Institute authors suggest.

CHICAGO-The five-story, 334,500-sf was vacated by the former local retailer in the 1980s and has been an eyesore in a Near West Side community that has seen redevelopment with the building of the United Center and the Medical District.

NORTHBROOK, IL-Investors have bid up prices of net-lease industrial properties, according to The Boulder Group, as capitalization rates are running lower than other sectors. Owners may want to consider selling, the firm suggests.