CHICAGO-The once booming market isn't likely to go bust, say developers Chris T. Carley and Theodore C. Mazola. Other developers are just as optimistic, planning new projects even while more than 4,000 units are unsold.

GLENDALE HEIGHTS, IL-The diversified national REIT adds to its DuPage County portfolio by paying $56 per sf for a 100% leased facility at 175 Wall Dr. Vacancy in the submarket is around 14%.

CHICAGO-US Equities chairman Robert A. Wislow says designating "Chicago's distinctive front door" as a landmark district will make owning and operating properties across the street from Grant Park troublesome.

ROLLING MEADOWS, IL-The bottler takes advantage of a sublease opportunity, leveraging its credit to get a long-term lease on 20,000 sf at below-market rates at 3075 Tollview Dr.

CHICAGO-Borrowers are running into stricter underwriting standards, including recourse requirements and tighter loan-to-values, panelists at a recent Urban Land Institute economic and market outlook report.

INDIANAPOLIS-The regional mall owner and operator expects to acquire its 30% of Rodamco North America NV in April, according to a presentation Tuesday to Credit Suisse First Boston's real estate conference.

OAK BROOK, IL-While the DuPage County Housing Authority's $19-million renovation of a friary runs into local opposition, Alexian Brothers Medical Center could clear hurdles for its 104-bed proposal in northwest suburban Elk Grove Village.

CHICAGO-A hearing is set for March 21, and Rodamco North America NV hopes to seek shareholder approval shortly after that on a proposed sale to Simon Property Group, The Rouse Co. and Westfield America Trust.