CHICAGO-"We expect to sell several of our assets here at attractive cap rates," says chief operating officer J. Lindsay Freeman, whose company already has sold the 457-unit Plaza 440 for $107 million and expects to get much more for the 480-unit Park Millennium.

CHICAGO-Sterling Bay Cos. and Marc Realty have sold 57,000 sf, more than one-third of the 11-story building at 325 N. Wells St., to Chicago School of Professional Psychology.

BOLINGBROOK, IL-Adventist Health System will build its 138-bed facility around the current Bolingbrook Medical Center, just west of the I-55 and Route 53 interchange. The Illinois Health Facilities Board nixes more expensive hospital plans for Orland Park, Plainfield and Tinley Park.

CHICAGO-Manufacturers and businesses occupying industrial space in two areas totaling 1,020 acres would no longer fear encroachment by residential development under a proposal to create the Greater Southwest Industrial and Harlem planned manufacturing districts.

OAK BROOK, IL-The REIT has acquired 70 properties in its first year, adding nearly 400,000 sf of retail centers to its portfolio at purchase prices averaging $154 per sf.

LISLE, IL-The Hines US Office Value Added Fund pays $44 million for MetLife's two-building, 296,486-sf Westwood of Lisle, about one-third vacant. That is close to the overall vacancy in the western end of the East-West submarket.

CHICAGO-Performics, Inc. doubles its space to 40,689 sf, while Miller Shakman & Hamilton LLP will move from another Prime Group Realty Trust property at 208 S. LaSalle St. to 15,012 sf.

CHICAGO-The largest US office REIT is finding its best buying opportunities with class A buildings with high vacancy rates. Equity Office Properties Trust officials see improved leasing across most of its top office markets.