NORTH CHICAGO, IL-McShane Corp./Bulls Development Corp. is the master developer for the 32-acre Sheridan Crossings mixed-use project near a gate to the Great Lakes Naval Training Station.

DENVER-The Fort Worth-based company pays $180 per sf for the three-year-old building that has a 25% vacancy rate. However, Crescent Real Estate Equities Co. note the Southeast submarket has been leading the area office market's recovery.

SKOKIE, IL-The lease with the local lighting company fills the 485,000-sf flex building at 7400 N. Linder Ave., Chicago-based CMD Realty Investors' lone property in the market.

BOLINGBROOK, IL-The Philadelphia-based real estate investment management company paid Tellabs $9.9 million this summer for the flex property in the Remington Lakes Business Center.

CHICAGO-Creating an umbrella partnership real estate investment trust, or UPREIT, could help Trizec Properties in its effort to acquire office assets in its core markets. The corporate offices also move from Sears Tower to 10 S. Riverside Dr.

DOWNERS GROVE, IL-Atlanta-based Wells REIT II has bought more than 800,000 sf of office space in this suburb at the eastern end of the I-88 Corridor this year, most recently partnering with Lincoln Property Co.

CHICAGO-Homewood-based Franciscan Sisters of Chicago Service Corp. needs approval from the state's Health Facilities Planning Board to proceed with its proposed 50-story project at 55 E. Pearson St.

WESTMONT, IL-The 110,659-sf Oakmont Tech Center is 100% leased with Follett Higher Education Group's agreeing to a 10-year deal beginning in February. The tenant will keep space in nearby Oak Brook.