Commercial Real Estate
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Amazon calls off deal to bring distribution center to Hoffman Estates,
May 12, 2022 6:03 PM - A deal for Amazon to establish a distribution center in Hoffman Estates this year has fallen through and the entire 250,000-square-foot spec industrial building the retail giant planned to use is back on the market, its broker said Thursday. -
Hoffman Estates approves another spec industrial building near Bell Works
May 11, 2022 5:08 PM - Having recently seen Microsoft announce plans for a $200 million data center complex and a neighboring spec industrial building adapted into an Amazon distribution center, Hoffman Estates officials are banking on the success of another spec building adjacent to Bell Works Chicagoland. -
Ace Hardware moving to old McDonald's site in Oak Brook
May 11, 2022 8:30 AM - Ace Hardware said Tuesday it will move its corporate headquarters to the former McDonald's campus in Oak Brook, saying the 80-acre site will give the company amenities and room to help it grow.
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Restaurants, retail and apartments part of pitch for downtown Fox River Grove property
May 10, 2022 11:42 AM - Fox River Grove has a tentative plan for a section of downtown along Route 14 that the village acquired via eminent domain.
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Schaumburg completes $7.5 million sale of 55 acres to trucking firm
May 9, 2022 5:30 AM - Experior Transport has completed its $7.5 million purchase of 55 acres from the village of Schaumburg for the trucking firm's controversial but recently approved new headquarters at the southwest corner of Irving Park and Rodenburg roads. -
2022 CAMME Awards Celebrate Chicagoland Apartment Industry ExcellenceMay 8, 2022 1:00 AM - The 2022 Chicagoland Apartment Marketing and Management Excellence (CAMME) Awards celebrated 55 winners at its 27th annual gala April 29, at the Chicago Marriott Downtown Magnificent Mile. Nearly 1000 industry professionals attended the Chicagoland Apartment Association's prestigious CAMME awards gala to honor the excellence of Chicagoland's multifamily housing industry.
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Inno-Tech completes deal for new Glendale Heights HQMay 8, 2022 1:00 AM - Cawley Chicago represented Inno-Tech in the recent acquisition of their new corporate headquarters in Glendale Heights. The custom sheet metal and 3D printing group purchased 1879 Internationale Boulevard, a 30,990 square foot industrial facility.
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NAI Hiffman completes five leases at 2200 Cabot, Class A office redevelopment in Lisle
May 8, 2022 1:00 AM - NAI Hiffman, the largest independent real estate services firm in the Midwest, announced it recently completed five office leases totaling almost 30,000 square feet at 2200 Cabot Drive, a Class A office redevelopment in the Corporate Lakes office park in Lisle. Located in the East-West Corridor about 25 miles west of Chicago, 2200 Cabot, which is fully renovated, is adjacent to a forest preserve with a golf course, country club and equestrian center, and offers easy access to I-88 and I-355. -
Hearing on controversial apartment plan delayed in Des Plaines as opposition grows
May 5, 2022 6:08 PM - A second public hearing on a controversial proposal for a seven-story apartment building near downtown Des Plaines has been postponed so the would-be developer can make changes. -
Baxter International plans to sell 101-acre campus near Deerfield
May 5, 2022 5:31 PM - Baxter International has announced it is putting its 47-year-old, 101-acre campus near Deerfield on the market in response to a greater reliance on employees working remotely.
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