CHICAGO-The largest US office REIT, which had planned to shed assets in non-core assets over five years, now is shooting to do most of it this year, capitalizing on a hot sales market.

CHICAGO-Part of the $1.5-billion, 10,000-unit deal with Oakwood Worldwide, 77 W. Huron St. will give the Denver-based multifamily REIT more than 4,000 units in the market, 2,872 of them in five River North and Streeterville buildings.

CHICAGO-Part of the $1.5-billion, 10,000-unit deal with Oakwood Worldwide, 77 W. Huron St. will give the Denver-based multifamily REIT more than 4,000 units in the market, 2,872 of them in five River North and Streeterville buildings.

OAK BROOK, IL-Former Grubb & Ellis regional managing director Michael J. O'Hanlon joins Inland Real Estate Investment Corp. as senior vice president and director of asset management.

BOLINGBROOK, IL-The division of May Department Stores Co. plans its first new department store in the Chicago market on the south side of Boughton Road in Forest City Enterprises, Inc.'s 1.1-million-sf Promenade at Bolingbrook.

BOLINGBROOK, IL-The division of May Department Stores Co. plans its first new department store in the Chicago market on the south side of Boughton Road in Forest City Enterprises, Inc.'s 1.1-million-sf Promenade at Bolingbrook.

CHICAGO-The multifamily rental REIT sells 338 condominiums for $92 million in the first quarter, booking a profit of nearly $14 million on those sales. However, Equity Residential's plans call for 1,800 units to sell this year.

CRESTWOOD, IL-Chicago-based Centrum Properties pays nearly $3 million for the 22,600-sf Rosewood West Banquet Hall at 4756 Cal Sag Rd., located on 1.8 acres at Cicero Avenue. The banquet hall will be replaced by a retail center.