CHICAGO-The board of directors of the Toronto-based real estate company that counts Sears Tower among its US properties approves a conversion from a Canadian corporation to US REIT. Other necessary approvals are expected.

DENVER-Occupancy has fallen to the 40% to 50% range at area hotels, about 50 points off the usual mark for September, typically a strong month. Some hotels report occupancy rates as low as 12% as conventions cancel.

MONTVALE, NJ-Located within the Montvale Parkway Campus, the space is built out for a combination of office and laboratory space.

BLACKMAN TOWNSHIP, MI-The move, assisted by $3 million in state and local aid, will consolidate the company that recently acquired a Rockford, IL firm. The incentives helped keep the merged company in Michigan.