ROLLING MEADOWS, IL-Lincoln Property Co. and Prudential Real Estate Investors buy the two-building, 467,000-sf property near the crossroads of I-290/Route 53 and the Northwest Tollway. Spear Street Capital sells less than three years after paying 3Com $36.4 million.

ROLLING MEADOWS, IL-Lincoln Property Co. and Prudential Real Estate Investors buy the two-building, 467,000-sf property near the crossroads of I-290/Route 53 and the Northwest Tollway. Spear Street Capital sells less than three years after paying 3Com $36.4 million.

CHICAGO-Work has begun on the $50.4-million renovation of a 126,000-sf building on the Illinois Institute of Technology campus. It is part of the 1.5-million-sf $200-million University Technology Park project.

CHICAGO-Developers of the $125-million project at 18th and Peoria streets voluntarily earmark 21% of the 387 units for buyers earning 60% to 90% of the area median income. Once complete, the development will consist of four condominium buildings containing 286 units, 14 townhouses and 87 units in three-, six- and 12-flat buildings.

SCHAUMBURG, IL-The 14,820-sf store being built at 770 E. Schaumburg Rd. sells for $5.8 million. It is near the Market Square retail center at the corner of Schaumburg and Plum Grove roads.

SCHAUMBURG, IL-The 14,820-sf store being built at 770 E. Schaumburg Rd. sells for $5.8 million. It is near the Market Square retail center at the corner of Schaumburg and Plum Grove roads.

CHICAGO-General Growth Properties stock falls more than 5% following the retail REIT's failure to hit its funds from operations target. Lack of experience with properties acquired in the $7.2-billion Rouse Co. deal is among the reasons.

CHICAGO-General Growth Properties stock falls more than 5% following the retail REIT's failure to hit its funds from operations target. Lack of experience with properties acquired in the $7.2-billion Rouse Co. deal is among the reasons.