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Construction firm is renovating its future Downtown branch.
Spec project will deliver 240,000 feet to Westminster.
Building is scheduled to open in 2003.
Relocations to CBD total 90,707 sf.
Second Chicago buy continues owner's nationwide push.
New alliance adds 460,000 sf to management portfolio.
Stock-for-cash deal plus mortgage note buy-back seen as move to simplify Security Capital.
Company will use proceeds to pay down debt.
NYC investor and local firm team up for three-building portfolio.
Warehousing space will comprise most of the 917,014-as asset.