CHICAGO- DataCentersNow of Washington, DC has bought a 110,000-sf building adjacent to O'Hare Airport for development as a data center. The developer is in negotiations to purchase land in Elk Grove Village and Itasca for future data center development.

CHICAGO-In a resolution to a dispute over a mortgage prepayment following the sale of the Merchandise Mart to Vornado REIT, a judge has awarded a $47.5 million judgement in favor of the Kennedy family. Metropolitan Life acted in bad faith, judge says.

CHICAGO-Commonwealth Edison is donating the $4.5-million building to the $24-million project, the city will pitch in another $4 million, with the rest to be raised in a fund-raising drive.

CHICAGO- Grubb & Ellis has been retained by the Management Company of Alpha and NEO Parks of Cleveland to provide brokerage services for more than 1.2 million-sf of space at the two parks.

CHICAGO-The city says its is close to making a deal with developer Joseph Freed & Associates on ground leases acquired as part of a plan to redevelop one of the world's most important architectural landmarks.

CHICAGO- Management tells analysts to expect limited acquisition activity in the coming months as the nation's largest office REIT focuses on debt reduction. Equity Office reported per share 3Q FFO growth of 14.3%.

CHICAGO- The renowned ballet troupe is planning to build a $24 million downtown headquarters in one of the largest dance development projects in the nation. Commonwealth Edison is donating the $4.5 million building near Lake and State Streets and the city will pitch in another $4 million, with the rest to be raised in a fund raising drive.

CHICAGO- The renowned ballet troupe is planning to build a $24 million downtown headquarters in one of the largest dance development projects in the nation. Commonwealth Edison is donating the $4.5 million building near Lake and State Streets and the city will pitch in another $4 million, with the rest to be raised in a fund raising drive.