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Article updated: 10/23/2012 5:21 PM

Despite Nokia loss, Itasca leaders say business is strong

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Itasca will lose a 30,000-square-foot business that employs roughly 150 people when Nokia moves its Mobile Phones Xpress Internet Services group from the Hamilton Lakes Business Park to Chicago.

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Itasca will lose a 30,000-square-foot business that employs roughly 150 people, when Nokia relocates its Mobile Phones Xpress Internet Services group to Chicago. But village and business officials said the move is offset by Itasca's strongest financial quarter in the past four years. "While you don't want to see any one particular tenant go, you're always looking at the net absorption," Community Development Director Nicole Aranas said.