Regional Digests

January 12, 2005 Indianapolis StarRoche Diagnostics Corp. has acquired three small retail and office buildings on 6.4 acres adjacent to its Northeastside campus in Indianapolis. Roche will honor leases of tenants in the buildings, located at 89th Street and Hague...

January 12, 2005 Chicago Sun-Times (Second item)Multifamily developer Village Green Cos. is converting a Chicago office building at 185 N. Wabash into apartments. Called MCA City Apartments, the 1926 building will be renovated and reopen next winter.

January 12, 2005 Chicago Sun-TimesU.S. Equities Realty LLC is shopping a Chicago garage site to condominium and office developers. The five-story Hotel LaSalle Garage at 215 W. Washington is soon closing and will be demolished. Ownership includes a family trust...

January 12, 2005 Chicago Tribune (Fifth item)Bob Rohrman Auto Group has paid $36 million to acquire a 493,000-square-foot office and industrial complex in the Chicago suburbs of Arlington Heights, Ill. Rohrman plans to move several dealerships to the 46.2-acre site....

January 12, 2005 Chicago Tribune (Third item)Transwestern Investment Co., which manages a fund that owns 200 N. LaSalle St., has put the 623,000-square-foot property on the market. The 30-story building is 90 percent leased. Transwestern paid $62.5 million for the...

January 11, 2005 Rocky Mountain NewsA handful of Denver properties have changed hands recently. An affiliate of Equus Realty Advisors paid $12.5 million for the 135,000-square-foot Quad at Lowry IV building. CB Richard Ellis brokered the deal. Fort ILII LLC...

January 11, 2005 The Seattle TimesSafeco is considering a relocation of its headquarters and consolidation of its operations in either Seattle's University District or Redmond, Wash., where it owns most of the buildings it operates. The company owns office space...

January 11, 2005 The Boston HeraldBoston power brokers are debating ways to jump start the long-stalled Fan Pier development. Aside from putting pressure on the Pritzker family to lower its $125 million asking price, Mayor Thomas M. Menino now says...

January 11, 2005 The Patriot NewsBondholders in the financially troubled Forum Place office building in downtown Harrisburg, Pa., are being asked to allow the building's management to borrow up to $12.5 million to fix up office space to attract new...

January 11, 2005 Chicago TribuneA venture with Lowe Enterprises and GE Commercial Finance Real Estate has purchased a 350,000-square-foot office complex in Skokie, Ill., that once served as the headquarters of G.D. Searle & Co. The partnership was said to...