AURORA, IL-The Roseland, NJ-based retail REIT plans to build a 430,000-sf upscale, fashion-oriented manufacturers' outlet center northeast of the Farnsworth Avenue interchange. No word yet on some of the approximately 100 tenants.

CHICAGO-All indications point to increased vacancies and relatively flat rental rates overall here, though the dropoff is expected to be more severe in suburban submarkets as Downtown becomes more desirable as a place to live.

BEDFORD PARK, IL-Seattle-based Boeing Realty Group sells a 201,424-sf office and manufacturing building at 6006 W. 73rd St. here to Northfield, IL-based Montero Partners Ltd. Cushman & Wakefield represented Boeing Realty.

WAUKEGAN, IL-Officials in this city 40 miles north of Chicago were hopeful about their odds of landing a casino even before the Illinois Gaming Board's stunning 4-1 vote against Emerald Casino's relocation to Rosemont.

CHICAGO-Booz Allen & Hamilton Inc. signs a 12-year lease for a 122,000-sf office building in McLean, VA to be owned by Equity Office Properties Trust. Trammell Crow Co. will build the six-story EJ Randolph II.

CHICAGO-The REIT that owns or manages 116 million sf of retail space in 146 shopping malls had 19 consecutive quarters of annualized double-digit growth until the last three months of 2000.

CHICAGO-Trammell Crow Co. is hired by TA Associates to sell a 192,000-sf Class A bulk warehouse at 9910 North by Northeast Boulevard in Indianapolis. It is 100% leased with Borders, Inc. occupying 50% of the space.

CHICAGO-Office Properties Trust President and Chief Executive Officer Timothy H. Callahan says, "This is probably the only time real estate has gone into a recession where supply and demand is in the balance that we currently have.