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ELMHURST, IL-The company is purchasing the properties, which had an asking price of about $16 million, from Morgan Rreef Partnership.
CLEVELAND-The fund will include 54 properties acquired earlier this year from Inland Retail Real Estate Trust.
RICHMOND, KY-Carolina Holdings and Crosland Inc. buy 120 acres to build the 800,000-sf Richmond Centre. Five anchors have dibs on retail space.
WOODRIDGE, IL-The Bristol Group Inc. purchases the five-building industrial Wood Hill Crossings Business Park.
CHICAGO-Jones Lang LaSalle will retain all 54 KHK Group employees which will more than double JLL's Project & Development Services Group.
GRAND RAPIDS, MI-Meijer is renovating the bulk of its 178 grocery stores, reconstructing two locations and adding 12 locations.
CHICAGO-ORIX Real Estate Capital Inc. and Boulder Net Lease Funds LLC plan to acquire office and industrial properties.