CHICAGO-Displaced by a new Kennedy-King city college at 63rd and Halsted streets, a group of 19 merchants is getting city help in relocating to a retail district that will be created two blocks north.

BOLINGBROOK, IL-The I-55 Corridor distribution space deal at 333 Gibraltar, in a submarket that has seen vacancies rise to the 14% to 17% range, is worth more than $8 million.

CHICAGO-The retail REIT, which lost a bid for Rodamco North America NV's $5.3-billion portfolio, posts double-digit funds from operations growth in the fourth quarter as well as 2001.

CHICAGO-The largest US office REIT sees funds from operations dip as a result of declining occupancy across its 128.2-million-sf portfolio as well as writing off investments, including $90.6 million in HQ Global.

INDIANAPOLIS-Conversion of buildings from single-tenant to multi-tenant use added 650,000 sf to a market that saw overall vacancy rates rise two percentage points to 18%, with the Downtown rate hitting 20%.

CHICAGO-A hardware store at 333 S. Halsted St. would be replaced by the Hellenic Museum and Cultural Center under a proposal that includes $3.5 million in tax increment financing to buy the 20,000-sf site.

ROSEMONT, IL-Andrews Products signs six lease renewals for 22,951 sf at San Francisco-based AMB Property Corp.'s O'Hare Center here while Citipost, Inc. takes 9,088 sf at the Rogers Industrial Park in nearby Elk Grove Village.

INDIANAPOLIS-Like many economists' forecasts, Duke Realty Corp. chairman and chief executive officer Thomas L. Hefner sees a flat first half of 2002 before an upturn later in the year despite a sharp increase in January leasing activity.