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CHICAGO-Parkway Properties, Inc.'s purchase of Two Illinois Center from Tishman-Speyer for $175 million--or $164 per sf -was lower than office deals this year even though at least one other deal may come in even lower.

CHICAGO-Jackson, MS-based Parkway Properties, Inc. wants its new East Loop neighbors to join them in a property owners association, and has made its creation a top priority, as much as improving occupancy at 233 N. Michigan Ave.

CHICAGO-Parkway Properties, Inc.'s purchase of Two Illinois Center from Tishman-Speyer for $175 million--or $164 per sf -was lower than office deals this year even though at least one other deal may come in even lower.

DALLAS-Few office buildings have exchanged hands in the Dallas-Ft. Worth market. It's not so much the economy as it is an attitude "to hold what you've got." Many properties are in the hands of REITs and long-term investors, who aren't ready sellers, say execs.

SNOWMASS, CO-The Vancouver-based company will develop a long-awaited base village in the Snowmass Ski Area, which may include 600 to 700 condominium units, restaurants, retail shops and pedestrian walkways.

DENVER-A 10% overall area office vacancy rate--it currently stands at 16%--is at least two years away, brokers for the company say. Some submarkets could see a 10% vacancy in as few as six months, others as long as 30 months.

DENVER-A 10% overall area office vacancy rate--it currently stands at 16%--is at least two years away, brokers for the company say. Some submarkets could see a 10% vacancy in as few as six months, others as long as 30 months.

LONDON-Miller Developments and the Royal Bank of Scotland have been selected to develop up to seven million sf of mixed-use space on a former military airbase in Warrington, Cheshire.