CHICAGO—The price tag, the most ever for an office building outside of Manhattan, is still far below the prices paid on a per square-foot basis for other Chicago buildings.

CALABASAS, CA—“The trends are building momentum, especially for the property types that have lagged behind through the recovery so far,” says Hessam Nadji, chief strategy officer at Marcus & Millichap.

NAZARETH, PA–Chicago-based First Industrial Realty Trust is spending $44 million to build First 33 Commerce Center, a two-building 584,760 square-foot development on Easton Nazareth Highway in the Lehigh Valley region of Pennsylvania.

WASHINGTON, DC—Demand is strong for high-quality paper Fannie Mae paper now, says Josh Seiff. A separate report shows the GSEs are still the top provider of this kind of financing.