CHICAGO-Investors find well located retail still a profitable investment, even in a down cycle. In this case, the buyer was interested in the high-leverage, self-liquidating financing on the property.

BOURBONNAIS, IL-He plans to capitalize on the growth potential of the I-57 market, especially if Chicago's third airport gets approval in Peotone, IL. The area features a skilled workforce and good transportation.

EFFINGHAM, IL-As part of the firm's national expansion, the famed Southern doughnut maker starts work on a new distribution facility and announces several retail sites planned for the Chicagoland market.

CHICAGO-A Cushman & Wakefield report finds that, in spite of vacancy increases, asking rates for space remain constant. No new construction was completed in Chicago's CBD while 1.5 million sf of space was added in the suburbs.

CHICAGO-A Cushman & Wakefield report finds that, in spite of vacancy increases, asking rates for space remain constant. No new construction was completed in Chicago's CBD while 1.5 million sf of space was added in the suburbs.

LONDON-Chicago-based firm sells the 290-room property it acquired in 1998. The hotel is in the Westminster district of central London, and includes two restaurants and 14,000 sf of meeting and banquet space.

CHICAGO-With new hotels and renovations going on this new year, demand for hotel space in the city's CBD will continue.

CHICAGO-Retail supply and demand are expected to remain in balance for 2001.