CHICAGO-Neri Development Inc. pays $97,189 per unit for the four-building complex at 5300 N. Cumberland Ave., near the Kennedy Expressway, Blue Line and O'Hare International Airport.

SKOKIE, IL-NanoBusiness Alliance relocates to 500 sf at 4901 W. Searle Pkwy., where Cleveland-based Forest City Enterprises is redeveloping the former 28-acre Pfizer Inc. campus to what ultimately could be a 1.5-million-sf park for biotech, nanotech and life science tenants.

CHICAGO-Brinks Hofer Gilson & Lione, a tenant at 455 N. Cityfront Plaza Dr. since the building's 1989 opening, now has the top six floors of the 38-story, 850,000-sf building.

CHICAGO-Brinks Hofer Gilson & Lione, a tenant at 455 N. Cityfront Plaza Dr. since the building's 1989 opening, now has the top six floors of the 38-story, 850,000-sf building.

CHICAGO-Having sold Plaza 440 in River North for $130 million earlier this year, Englewood, CO-based Archstone-Smith sheds two properties totaling 728 units in Arlington Heights and Willowbrook as it sees signs of a cracking condominium-conversion market.

CHICAGO-Having sold Plaza 440 in River North for $130 million earlier this year, Englewood, CO-based Archstone-Smith sheds two properties totaling 728 units in Arlington Heights and Willowbrook as it sees signs of a cracking condominium-conversion market.

CHICAGO-"Something in the community, of this nature, has been needed for some time," says Gary Poter, who is redeveloping the a 39,780-sf site at the Six Corners intersection of Irving Park Road, Cicero and Milwaukee avenues into 64 condominiums and 19,000 sf of retail space.

CHICAGO-The 250-unit multifamily building at 1140 N. LaSalle St. is likely to be converted to condominiums despite nearly 90% of the units being studios. H. A. Langer & Associates' sale of the 77-year-old building to HEN Development is at a 5% capitalization rate.