ELWOOD, IL-The retail giant could buy the two distribution facilities totaling 3.4 million sf in the CenterPoint Intermodal Center for $157.4 million next year, or begin leasing them for 15 years at $11.2 million per year.

ELWOOD, IL-The retail giant could buy the two distribution facilities totaling 3.4 million sf in the CenterPoint Intermodal Center for $157.4 million next year, or begin leasing them for 15 years at $11.2 million per.

ELWOOD, IL-The retail giant could buy the two distribution facilities totaling 3.4 million sf in the CenterPoint Intermodal Center for $157.4 million next year, or begin leasing them for 15 years at $11.2 million per.

ORLAND PARK, IL-The cable maker is getting $28.5 million from Kimball Hill Homes for its 104-acre corporate headquarters and manufacturing facility. It will lease 45,000 sf at Westbrook Corporate Center for its corporate headquarters and build a 550,000-sf manufacturing plant in the southwest suburbs.

ELK GROVE VILLAGE, IL-Packaging Machines International sells its 51,600-sf warehouse in the Centex Industrial Park to CenterPoint Properties Trust, then leases half the building, sharing it with Matsui America Inc.

CHICAGO-The Downtown multifamily market saw just 652 rental units converted to condominiums last year, according to Appraisal Research Counselors, but could see as many as 3,893 become part of that trend by the end of the year.

CHICAGO-The plan commission endorses an $18-million project for a 33,000-sf vacant lot, which has become a rarity in the Kenwood-Oakland community, where zoning could allow up to 83 units.

CHICAGO-The law firm will move from the Aon Center, where it now leases 360,000 sf, to 24 floors at Houston-based Hines' 60-story, 1.3-million-sf project at 300 N. LaSalle St.