CHICAGO-Moody's Investors Services ranks the local economy the most diverse among more than 300 US markets, which comes as no news to real estate professionals who have focused their efforts here.

OAK BROOK, IL-Occupancy jumped 2.5 percentage points in the second quarter to 93%, according to CenterPoint Properties Trust. Twenty-three tenants new to the REIT's roster have taken 2.3 million sf so far this year.

WILLOWBROOK, IL-Principal Financial Group sells the new precast industrial building at 7133 Monroe St., one of eight in the development near the I-55 and Illinois 83 interchange, to Parzo LLC for $1.36 million.

CHICAGO-North Development LTD plans a renovation project worth at least $1 million to turn the former Graham Paint and Varnish Co. building at 2800-28 W. 48th Pl. into a multi-tenant property.

ROSEMONT, IL-The I-39 Logistics Corridor Association touts its strategic location, an airport already busy with freight activity and warehouse net lease rates as low as $1.75 per sf at its second Expo here.

NORTHBROOK, IL-The Boulder Group has been hired by VP Investments, LLC to broker the sale of a 233,000-sf building in Hazelton, PA; a 110,000-sf building in Newnan, GA and another property outside of Montreal.

ARLINGTON HEIGHTS, IL-The move is an attempt to shift into more profitable efforts, such as hotel development and ownership of properties in larger markets. Atlanta-based Thompson Calhoun Fair is brokering the two-step disposition.

CHICAGO-The 69-unit multifamily rental building at 6000 S. Indiana Ave. needs nearly $1.7 million in repairs, but is expected to generate $468,628 in net operating income.