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CHICAGO-The 32,000-sf building at 1055 W. Roosevelt Rd. designed by Stanley Tigerman will be bought for $1.12 million, with another $900,000 spent on converting the space for branch bank and back-office use.
PEARL RIVER, NY-Mack-Cali Realty Corp., has leased more than 154,000 sf of space at its 1.1 million-sf office complex here that brings the Rockland County office property to 91% leased.
CHICAGO-Ann Taylor Lofts, Ulta Cosmetics, Potbelly Sandwiches and Jamba Juice have expressed interest in Smithfield Properties' 22,750-sf, $6.1-million retail project at 2800 W. Armitage Ave. The developer is paying the city $2.46 million for the 49,000-sf site.
ROCKVILLE, MD-Building III of the collection of hybrid space structures at the Montgomery County Campus of Johns Hopkins University gets going with a groundbreaking ceremony for the 115,000-sf project.
SUGAR LAND, TX-The chain's owner reserves a fourth location in the Greater Houston area, joining the line-up at an under-construction center designed solely for dining establishments. The Plaza at Lakeside is now 75% pre-leased.
MINNEAPOLIS-The city will kick in $14 million, and the Minnesota Timberwolves will add $4 million, for a new floor and scoreboard, among other improvements to the center aimed at helping it face competition for entertainment acts from St. Paul's Xcel Energy Center.
TEMPE, AZ-An investment group looking for a build-to-suit settled on a three-year-old industrial building instead for its office supply venture. The deal offered the buyer a lower cost option and 32,500 sf.