LONDON-Tony Horrell was international director and head of capital markets in Europe for JLL. He tells GlobeSt.com that emerging markets will take investor interest in 2011.

NORTHBROOK, IL-The locally-based company wants to diversify its holdings, as it is currently heavy with student housing at $150 million. The portfolio includes 15 buildings in three states.

ROMULUS, MI-A local investment group has purchased the 135-unit Lexington Hotel, formerly flagged as a Hampton Inn, from a special servicer that had taken control of the property.

TIANJIN, CHINA-Guangzhou R&F has hired the Chicago-based architects to design a skyscraper that will hold 1.5 million square feet of office, as well as hotel, condo and retail uses.

CHICAGO-A Jones Lang LaSalle logistics expert tells GlobeSt.com that retailers accepted holiday inventory in the third quarter, though vacancy will keep warehouse absorption low.

OMAHA-Seldin Co. recently sold the 157,000-square-foot Farm Credit building to NuStyle, which will turn the 86-year-old office into 106 apartments and first-floor retail.

ST. LOUIS-Westar Aerospace & Defense Group Inc. is subleasing its 81,000-square-foot building in Missouri Research Park, including these offices to RGA Reinsurance for four years.

DOWNERS GROVE, IL-Bellevue, WA-based Savers, a for-profit thrift store chain, has leased a former Circuit City property, in the company’s entry into the Chicago market.