SKOKIE, IL-Yes, they pay relatively high dividend returns now, and REIT share prices have enjoyed double-digit returns. But one local real estate banker says it's still buyer beware for investors.

HANOVER PARK, IL-Fuji Photo Film, USA Inc. will use three-story building in IDI Inc.'s Turnberry Lakes International Business Park for its graphic systems division headquarters as well as regional distribution center.

CHICAGO-Highly-visible Downtown trophy properties may be nixed in favor of lower profile suburban buildings, experts say. One suggests companies should have plans for re-establishing operations in case of disaster.

SKOKIE, IL-Yes, they pay relatively high dividend returns now, and REIT share prices have enjoyed double-digit returns. But one local real estate banker says it's still buyer beware for investors.

CHICAGO-The sword in seniors housing cuts both ways. While returns are higher than multifamily, and demographics seem to work in the sector's favor. However, much more operational and regulatory issues are present.

CHICAGO-The $26-million South Park Plaza development sets aside 25% of the units for Housing Choice Voucher holders while remaining apartments go to residents earning less than 60% of median income.

CHICAGO-Cadim Inc. now has until Oct. 12 to complete its due diligence on its $227-million tender offer to buy most of Prime Group Realty Trust's stock. Travel disruptions prompt the extension.

CHICAGO-Lincoln Village is looking every bit its 50 years, but a $25-million renovation will change that, as well as add another 20,000 sf of retail space. In addition, a 109 units of senior housing is included for the site.