CHICAGO-The 7.7 million sf of sublease space available in the market is the largest since Grubb & Ellis began tracking it in 1983. Only New York City has more sublease space available.

CHICAGO-The 7.7 million sf of sublease space available in the market is the largest since Grubb & Ellis began tracking it in 1983. Only New York City has more sublease space available.

EVANSTON, IL-Washington, DC-based MeriStar Hotels & Resorts is managing Winston Hotels, Inc.'s new 178-room Hilton Garden Inn in the mixed-use Northwestern University/Evanston Research Center in this North Shore suburb.

CHICAGO-Commercial real estate developer and investor Jupiter Realty Corp. buys four South Carolina warehouses with 510,400 sf from Duke-Weeks Realty Trust. The properties are in an industrial park 10 miles west of Spartanburg.

CHICAGO-Commercial real estate developer and investor Jupiter Realty Corp. buys four South Carolina warehouses with 510,400 sf from Duke-Weeks Realty Trust. The properties are in an industrial park 10 miles west of Spartanburg.

CHICAGO-Those in the assisted-living and limited-service hotel markets have been having a difficult time obtaining financing. But certain retail products as well as office buildings are getting a wary eye from lenders.

CHICAGO-The Pritzker family's holdings include the hotel firm. Construction on Hyatt Center begins early next year at Monroe Street and Wacker Drive. Higgins Development Partners and Pritzker Realty Group are developers.

CHICAGO-Grubb & Ellis senior vice president Patrick J. Sullivan tells a recent meeting of the Real Estate Investors Association the local industrial market is "feeble" despite vacancy rates as low as 6% in more desirable locations.