Business Stories from July 26, 2025 (Change date)
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Grocery store set to take over former Island Foods space in Island LakeJul 26, 2025 3:54 pm - A new grocery store is expected to open before Thanksgiving in the former Island Foods location in Island Lake.
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Pura Scents recalling more than 850,000 diffuser covers as magnet issue may cause ingestion hazardJul 26, 2025 1:53 pm - Pura Scents is recalling more than 850,000 diffuser covers because some magnets may detach and cause a possible ingestion hazard to children.
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‘Starting to bounce back’: Amenities, spec suites helping to stabilize suburban office marketJul 26, 2025 1:52 pm - The suburban office market that’s been struggling to establish a new identity since the cataclysm of the pandemic five years ago finally seems to be moving more confidently toward a fuller realization of its ever-stabilizing trends, analysts say.
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What's happening with forgiveness for student loans on income-based repayment plans?Jul 26, 2025 1:42 pm - Amid a federal overhaul of student loan plans, many borrowers have been left wondering what it means for their hopes of loan forgiveness. In particular, those who are enrolled in a repayment plan known as income-based repayment, or IBR, have wondered if forgiveness will still be available to them.
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The Biz Week That Was: Sears HQ meets the dust, restaurant turnover, and new residential developmentsJul 26, 2025 1:33 pm - Demolition of massive former Sears HQ in Hoffman Estates reaches completion Just under a year after it began, structural demolition of the 2.4-million-square-foot Se...
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Trends shaping Chicago’s commercial real estate market in 2025Jul 26, 2025 1:06 pm - Chicago’s commercial real estate market is undergoing a transformation in 2025, driven by changing business needs, evolving demographics, and shifting investment strategies.
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SwissQprint America acquires 3-acre site in West Dundee for North American headquartersJul 26, 2025 1:02 pm - SwissQprint America, the U.S. arm of the Swiss innovator in digital printing technology, has acquired 3 acres within the Canterfield Corporate Campus in West Dundee for its new 30,000-square-foot North American headquarters.
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NAI Hiffman completes 3 corporate leases at office redevelopment in LisleJul 26, 2025 12:56 pm - NAI Hiffman, a leading Midwest independent commercial real estate firm, has completed three office leases totaling 15,642 square feet in the Corporate Lakes office park in Lisle.
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When business owners become real estate investorsJul 26, 2025 12:53 pm - A common story in Chicago-area commercial real estate, where a strong network of privately held and family-owned businesses has long been a backbone of the economy, is real estate becomes a natural next move as these business owners exit or evolve.
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Illinois adding more electric vehicles than ever before, but not enough to meet goal of 1 million by 2030Jul 26, 2025 12:15 pm - The number of electric vehicles registered in Illinois last year increased by nearly 37,000, the largest year-to-year spike since the state began keeping track in 2017. However, there are still less than 150,000 EVs registered statewide, well below the state’s targeted goal of 1 million by 2030.
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