CHICAGO-State Street Associates will pay $10.2 million, minus up to $2 million for demolition and environmental remediation, for a block-long South Loop site at 1101-83 S. State St. for a mixed-use project.

CHICAGO-Mayor Richard M. Daley wants the Millennial Housing Commission, appointed by Congress, to push for a 40% jump in the federal Home Investment Partnerships Program so city's such as his can build new rental housing.

GREENVILLE, SC-Verizon Wireless will move into a $17-million build-to-suit under construction in the Brookfield Corporate Center, where it will relocate a call center as well as consolidate North and South Carolina operations.

ELK GROVE VILLAGE, IL-MET Prototype Molding Inc. buys 30,636-sf 701 Lee St. to expand its operations in this northwest suburb in the O'Hare submarket from D'Oro Enterprises of Arlington Heights, IL.

CHICAGO-Factory outlet and power center REIT Horizon Group Properties, Inc. gives a newly-created seat on its board to Howard Amster, ending a legal battle against dissident shareholders.

CHICAGO-The retail landscape in 2001 is fraught with falling consumer confidence, rising utility costs, flat store sales and layoffs. So why is General Growth Properties Inc. CEO John Bucksbaum excited about the future of retail?

CHICAGO-The city gets an edge over suburban office space, but increasingly cost-conscious and trigger-shy corporate decision makers are frustrating brokers working in both markets here as more sublease space becomes available.

CHICAGO-State Street Associates will pay $10.2 million, minus up to $2 million for demolition and environmental remediation, for a block-long South Loop site at 1101-83 S. State St., where other multifamily projects are going up.