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Regional Outlook(16) 

MIDWEST A 34 story, 1 million sf office tower is planned for Chicago’s CBD, according to Trammell Crow Co., which will be the master developer along with Insite Real Estate. Although no groundbreaking or completion date was announced, the class

International Beat(4) 

Australia’s Big Deal The Indigenous Land Corp. purchased the Ayers Rock Resort for US $300 million from GPT Group in one of Australia’s largest single asset transactions. The resort is the country’s biggest hospitality asset, comprising six hotels, a lodge,

Market Trends(20) 

Aboard the QE2The second round of qualitative easing is expected to boost the GDP by 60 basis points and generate 500,000 new jobs, including 93,000 office using jobs and 45,000 manufacturing positions — good news for office and industrial markets,