Real Estate
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Rolling Meadows hopes for redevelopment near Bears’ potential new homeJul 27, 2025 9:00 pm - Rolling Meadows officials may establish a tax increment financing district to help revive an area of office buildings plagued by vacancies and a blighted, shuttered Holidome motel.
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Geneva District 304 wants cash, not land, from LaFox developers
Jul 27, 2025 11:18 am - Geneva Unit District 304 officials want $6.12 million in cash instead of a land donation when Campton Hills annexes the 962-acre LaFox development.
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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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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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Design plans for Mount Prospect data center changingJul 24, 2025 5:09 pm - Cloud HQ is seeking to alter the look of its approved data center development in Mount Prospect, proposing to build taller and along Algonquin Road.
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Average long-term U.S. mortgage rate rises to 6.75%, second straight uptickJul 23, 2025 3:43 pm - The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, which is mired in a sales slump as affordability constraints shut out prospective homebuyers.
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Home sales fade in June as national median sales price hits an all-time high of $435,300
Jul 23, 2025 3:38 pm - Sales of previously occupied U.S. homes slid in June to the slowest pace since last September as mortgage rates remained elevated and national median sales prices hit unprecedented levels.