CHICAGO-Memorial Hospital signs a 10-year lease at the Time-Life building, 541 N. Fairbanks, in one of the largest leases in the North Michigan Avenue submarket.

CHICAGO-Flashpoint Academy of Media Arts and Sciences LLC is leasing on the fifth and sixth floors at 111 W. Washington St. for a new school.

CHERRY VALLEY, IL-Venture One Real Estate LLC is developing a 323-acre industrial business park called Rock 39.

CHERRY VALLEY, IL-Venture One Real Estate LLC is developing a 323-acre industrial business park called Rock 39.

SPRINGFIELD, IL-AIG American General is signing a 10-year lease for the building, seeking more efficient space.

RIVERWOODS, IL-Podolsky is selling a portfolio of 23 industrial properties for between $106.5 million to $108 million to a subsidiary of KTR Capital Partners.

RIVERWOODS, IL-Podolsky is selling a portfolio of 23 industrial properties for between $106.5 million to $108 million to a subsidiary of KTR Capital Partners.

MORTON GROVE, IL-CenterPoint Properties sells a 290,000-sf industrial building at 8220 N. Austin Ave. after buying the property last November.