CHICAGO-Shareholders are scheduled to meet June 28 to ratify the proposed sale of the office REIT to Lakewood, NJ-based Lightstone Group. Four entities as well as the company's executives and board of directors own 60% of the common shares of Prime Group Realty Trust, which has interests in 7.6 million sf of city and suburban office space.

CHICAGO-Shareholders are scheduled to meet June 28 to ratify the proposed sale of the office REIT to Lakewood, NJ-based Lightstone Group. Four entities as well as the company's executives and board of directors own 60% of the common shares of Prime Group Realty Trust, which has interests in 7.6 million sf of city and suburban office space.

CHICAGO-Occupancy is 82% at the 22-story, 259,000-sf building at 111 N. Wabash Ave., with 260 doctors among the tenants. FIC Development Group plans to acquire the Garland Building and sell office condominiums beginning next spring.

CHICAGO-Murphy's Bleachers' beer garden behind a multifamily building at 3649-51 N. Sheffield Ave. will conform to city zoning laws before the 2005 season is over. And owners of a three-flat at 3639 N. Sheffield Ave. will be the latest to enter the rooftop business.

CHICAGO-The 200,187-sf asset at the southwest corner of Michigan Avenue and Monroe Street offers views of Millennium Park, Lake Michigan and the Art Institute. Prices for 96 condominiums will range from $200,000 to $2 million.

CHICAGO-The $63-million project includes 14,000 sf of retail space, continuing the mixed-use redevelopment trend in the South Loop area. An endorsement from the city council's committee on zoning has the developers hoping for a fall 2006 opening.

CHICAGO-The $63-million project includes 14,000 sf of retail space, continuing the mixed-use redevelopment trend in the South Loop area. An endorsement from the city council's committee on zoning has the developers hoping for a fall 2006 opening.

ROSEMONT, IL-In a deal between two Indianapolis-based REITs, retail giant Simon Properties Group, Inc. sells 1.4 million sf at the Riverway and O'Hare International Center office complexes to Duke Realty Corp.