OAK BROOK, IL-CalEast Industrial Investors LLC, a joint venture including California Public Employees' Retirement System and LaSalle Investment Management, agrees to pay $50 per share for CenterPoint Properties Trust, a 9% premium over its most recent price.

CHICAGO-An international real estate fund manager pays a reported $410 per sf for the one-million-sf West Loop office tower, which cost John Buck Co. $273 million to build.

CHICAGO-An international real estate fund manager pays a reported $410 per sf for the one-million-sf West Loop office tower, which cost John Buck Co. $273 million to build.

CHICAGO-Currently building the 253-unit Vision on State, Renaissant Development Group plans another 350 units on a 1.6-acre site overlooking Grant Park.

CHICAGO-Currently building the 253-unit Vision on State, Renaissant Development Group plans another 350 units on a 1.6-acre site overlooking Grant Park.

CHICAGO-Douglas Crocker II, who still serves on six boards of directors as well as executive-in-residence at DePaul University's real estate center, is feted tonight by Urban Land Institute's Chicago district council.

GLENDALE HEIGHTS, IL-Oak Brook-based Inland Real Estate Group pays $61,000 per unit for the 1,156-unit multifamily rental complex. Most of the units in the recently renovated 33 buildings are 550-sf one-bedroom apartments.

CHICAGO-The industrial REIT is selling more than one million shares of common stock to help pay down its unsecured debt. Another $200 million could be raised by a preferred stock sale and long-term debt.