Regional Digests

Chicago Sun-Times  (First Item)The Kennedy family of political fame has entered discussions with developers to form a joint venture to build on WolfPoint, a vacant 4-acre parcel in downtown Chicago. The parcel, which sits where the Chicago River splits into...

Fort Worth Star-TelegramRadioShack Corp. is considering subleasing one of the three buildings in its 900,000-square-foot office campus along the Fort Worth, Texas, riverfront. The campus along the Trinity River is substantially underutilized. The company, which has fallen on some hard...

New York Post (second item)Intervest Development Corp is marketing for sale a portfolio of 24 New York properties with 894 apartments. Eastern Consolidated Properties has the listing, which is expected to fetch about $225 million. The properties in Manhattan, Queens...

Boston HeraldBoston Properties is considering more than doubling the size of its planned new Prudential Center tower in Boston's Back Bay. The Boston REIT is looking at possibly adding 400,000 square feet to the project originally proposed and approved as...

The Advocate (Baton Rouge)Baton Rouge, La., developer Tommy Spinosa has sold The Gates apartment complex for $41.5 million. The 370-unit complex off Corporate Boulevard near Citiplace was sold to AVR Gates Properties LLC of California. The deal is the largest...

Washington PostA California bank plans to market for sale a Fairfax County, Va., apartment complex with 300-plus units it holds as real estate owned. Fremont Investment and Loan of Fremont, Calif., bought the property, Ridgeleigh at Van Dorn Metro, at...

Tampa Bay Business JournalConstruction is under way on a 350,000-square-foot retail center in suburban Tampa Bay. Opus South, a Tampa division of Minneapolis' Opus Group, has broken ground on the Nature Coast Commons, which sits on 42 acres along U.S....

Seattle Post-Intelligencer While single-family construction has slumped in Seattle, new condominiums and apartments are buoying the local market. Single-family home construction permits were down in King Count as well as the entire state of Washington. But the total number of...

South Florida Business JournalApplied Card Systems has purchased the former American Media building in Boca Raton, Fla., for $10 million. The building, which once endured an anthrax scare in 2001, will become the new home of the credit card processing...

Jersey JournalOnyx Equities has acquired two adjoining office buildings in downtown Jersey City, N.J., for $105.87 million. The Woodbridge, N.J., investor plans to redevelop the properties at 2 and 30 Montgomery St. into a 1.2-million-square-foot mixed-use project. The properties are...