CHICAGO-A $70,000 write-down on property at 31st Street and Prairie Avenue will pay for itself quickly, say city officials, who expect a Leona's restaurant to spur more retail development in addition to generating sales and property tax revenues.

CHULA VISTA, CA-The first phase of a project boosters say will change the face of this South County city's Downtown is now complete, adding 102,259 sf of office and retail space.

CONROE, TX-The 300-unit River Pointe Apartments was an anomaly to the Weingarten Realty Trust portfolio, totaling 36.9 million sf of retail and industrial properties. A New Orleans buyer takes the non-core strategic asset off the REIT's hands.

DIAMOND BAR, CA-Lawyer David Chain acquires the Diamond Bar Plaza for $3,063,000, just shy of the sellers' $3.1-million asking price. He plans to occupy a portion of the office facility, which was 89% occupied at the time of sale.