ORLAND PARK, IL-Itasca-based Hamilton Partners Inc. sells the 101,802-sf property at 15150 LaGrange Rd., anchored by Borders Books & Music and Pier 1 Imports, to the Highland Park-based retail developer.

MISSION VIEJO, CA-CT Realty Corp. plans to build a $12.5-million, 58,000-sf business park on nearly five acres while Todd Development plans 30,000 sf of medical office condominiums on the 2.5 acres it bought from the Newport Beach-based company.

CHICAGO-Russland Capital Group Inc. gets a $6.3 million mezzanine loan from Frisco, TX-based Hall Financial Group, paving the way for an October groundbreaking for the 229-unit, $71-million Michigan Avenue Tower.

CHICAGO-Residential redevelopment ranging from single-family to six-unit rental and condominium buildings is the goal in an area between 65th Street and 67th Place, Stony Island and Dorchester avenues.

CHICAGO-The city is willing to sell a 24,000-sf vacant lot at the southeast corner of North Avenue and Pulaski Road for $507,000 to a developer willing to build up to 50,000-sf of commercial space there.

RIVERSIDE, CA-The first phase of the 1,000-acre redevelopment of the former March Air Force Base is five million sf of industrial and office space, expected to be ready early next year.

CHICAGO-Jones Lang LaSalle's efforts to sell a two-acre parking lot at the southwest corner of Madison and Des Plaines streets for a mixed-use development has produced nine letters of intent. That compares to two offers from a previous request for proposal process.

CHICAGO-Major shareholder Howard Amster's Pleasant Lake Apts. Limited Partnership will pay Horizon Group Properties Inc. $11.5 million for a 49% interest in nine outlet centers totaling 1.8 million sf.