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NORMAL, ILL. — CB Richard Ellis’ Detroit Multi-Housing Group has brokered the sale of an eight-building student-housing portfolio located near the Illinois State University campus in Normal. The 109-unit portfolio, which houses 390 beds, includes two-, three- and four-bedroom floor plans. All eight properties are situated within 3 blocks of the university’s main campus, and are fully leased through 2009. Both the buyer and seller were not disclosed. Rob Stone in the Detroit office of CB Richard Ellis, in conjunction with Mike Sakich and Bryse Toothaker in the Chicago office of CB Richard Ellis, represented the seller in the disposition. Additional terms of the transaction were not disclosed.