CHICAGO-A 1.6-acre parcel at 1129 N. Elston Ave. as well as a 5.8-acre parcel at 3559 N. Rockwell St. are being eyed as possible sites for new parks. The city could acquire the property through eminent domain proceedings.

CHICAGO-An extensive renovation of the lobby of Healthcare Information Management Systems Society's headquarters at 230 E. Ohio St. helps cut the building's vacancy rate from 32% to 1%.

CHICAGO-Office vacancies continue to mount in the suburban markets, passing 17% in the once tech-hot East-West Corridor. However, there are still buyers out there for office product.

CHICAGO-Equity Office Properties Trust catapults into the top 13 among area firms in terms of market cap after yesterday's merger approval. <i><b>Go to full story for local coverage links.</i></b>

CHICAGO-Office vacancies continue to mount in the suburban markets, passing 17% in the once tech-hot East-West Corridor. However, there are still buyers out there for office product.

CHICAGO-The Jackson, MS-based REIT closes on the purchase of 1.07-million-sf 233 N. Michigan Ave. in the East Loop. Deutsche Banc Alex Brown provides a $106-million fixed-rate, non-recourse mortgage at 7.35%.

COLUMBUS, OH-The retail REIT has sold $22 million this year after selling three single-tenant properties in Ohio and New York for $9 million, realizing a net gain of about $1.12 million.

CHICAGO-A $5.5-million industrial revenue bond issue will help Damron Corp. rehab its 46,400-sf Garfield Park plant, allowing it to add equipment to produce plastic silverware for sale to McDonald's Corp.