June 4, 2003 Chicago Tribune (Third Item)Davidson Hotel Co. is expected to pay $12 million and $15 million for the 114-room Hyatt at University Village at 625 S. Ashland Ave. in Chicago, sources said. The deal should close this month....
June 4, 2003 Chicago Tribune (Second Item)San Francisco-based Spear Street Capital is the leading bidder for 3Com Corp. building in the Rolling Meadows suburb of Chicago as prospective buyers scour the suburban office market for bargains. Spear offered nearly $36...
June 4, 2003 St. Louis DispatcherCarlyle Development Group of White Plains, N.Y., has acquired the 1.1 million-square-foot Jamestown Mall in north St. Louis County for $8.8 million. The seller was Cleveland-based Richard E. Jacobs Group.
June 4, 2003 The Wall Street JournalHines Interests LP plans to break ground this fall on One South Dearborn, a 40-story office tower in downtown Chicago that is slated for completion in 2005. The Houston-based developer, which had to lease...
June 3, 2003 Toledo BladeSpartan Stores Inc. will close two unprofitable Food Town supermarkets – in Temperance, Mich., and in Fostoria – by early July as the Michigan company moves closer to a final disposition of the supermarket chain.
June 2, 2003 Washington Business JournalColumbia-based Corporate Office Properties Trust (NYSE:OFC) is buying Waterview I, a 404,000-square-foot office building in Herndon, Va., for $71 million. The Columbia, Md., REIT raised about $79.5 million through the sale of more than 5...
June 2, 2003 Windrose Medical Properties Trust, a medical properties REIT, has agreed to buy a medical office building on the campus of Rush-Copley Medical Center in Aurora, Ill., for $6.5 million. The building is fully leased and is 57...
June 2, 2003 The Business Journal of Minneapolis/St. PaulMinneapolis and St. Paul are competing to become the new home to Allina Hospitals & Clinics. The Minneapolis-based health care provider, the second largest in the state, has decided to consolidate its...
May 30, 2003 Chicago TribuneDemand for retail space along the Magnificent Mile in Chicago is slipping for the first time in seven years. North Michigan Avenue's vacancy rate rose this spring to 3.1 percent of its 3.2 million square feet...
May 30, 2003 Minneapolis Star TribuneNational drugstore chain CVS Corp. plans to enter the Minneapolis market in the first half of next year. The number of stores planned, or possible locations, were not disclosed.
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