CHICAGO-A weak O'Hare submarket, where direct vacancies have risen to 18.1%, forces GVA Worldwide and South Charles Capital Corp. to take the 302,088-sf class A building off the market. It was for sale at $48 million.

MIAMI-South Florida's largest developer of residential condominiums won the contract to build the 29-story, 223-unit Peninsula in Aventura at an estimated hard construction cost of at least $50 million.

PARIS-The French mutual insurance company MACIF has sold its portfolio of ten European shopping centres to the Dutch property company Corio. The sale of the assets in France, Italy and Spain marks the start of MACIF's withdrawal from the retail sector.

MIAMI-Construction of the 15-story, 174,000-sf structure in Downtown suburban Coral Gables, FL, scheduled for completion in January 2002, is 56% preleased.