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CHICAGO -- The McDermott Will & Emery law firm agrees to become the anchor tenant of River Point in the Spring of 2017.

HOUSTON-The law firm opts to take floors 11 through 13 in the class A, one-million-square-foot, CBD office building, which was developed and is owned by Hines.

FULLERTON, CA-An undisclosed seller disposes of the 405,130-square-foot office campus here, which is fully leased to the defense and technology contractor.

CHICAGO - Mayor Rahm Emanuel led Tuesday's groundbreaking ceremonies on River Point, a development that will include a 45-story office tower and a 1.5-acre public park in downtown Chicago's West Loop.

HOUSTON-Area reports note 33 properties changed hands in Q4 2012, with sales volume approximately $908 million.

DALLAS—A waterfall-themed lux apartment complex is being planned by Dallas-based Trammell Crow Residential. The development would be built near the American Airlines Center, with a design inspired by the Coors Light waterfall billboard visible from a nearby Interstate.

PHOENIX-Making its first investment, Hines US Office Value Added Venture III pays $81 million to acquire the class A office building from GLL Real Estate Partners.

HOUSTON-The University General Health System subsidiary occupies an entire floor of 7324 Southwest Fwy. Additional southwest commercial real estate news follows.