Articles filed under Commercial Real Estate
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Starbucks with drive-through to replace former Escape Lounge in SchaumburgFeb 08, 2024 5:50 pm - Construction will begin in the spring on a 2,000-square-foot Starbucks with a drive-through that will replace the Escape Lounge & Sports Bar at 801 E. Algonquin Road in Schaumburg.
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Old Arlington Heights office building near Bears property demolished for redevelopmentFeb 07, 2024 7:04 pm - An old office building on the outskirts of the Arlington Park property met the same fate as the demolished racetrack buildings, with an eye toward the same property tax savings the Chicago Bears are trying to achieve.
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Redevelopment proposal would bring significant upgrades to prominent corner in downtown Lake ZurichFeb 06, 2024 6:23 pm - Lake Zurich officials unofficially have approved a proposal to buy, redevelop and enhance a prominent downtown corner property. Negotiations are ongoing with Wauconda-bas...
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Illinois Masonry Corp. switching Buffalo Grove locationsFeb 06, 2024 11:21 am - Illinois Masonry Corp. is moving from its current location at 1051 Commerce Court in Buffalo Grove to a 22,000-square-foot building at 1025 Busch Parkway in the same town...
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A time of change: Suburban office market adjusts as tenants downsize and shift to higher-end buildingsFeb 04, 2024 6:00 am - Despite bright spots including the Federal Aviation Administration’s relocation and Culligan’s expansion in Rosemont, the market for suburban office space continued to soften during the last months of 2023, new data shows.
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‘A game changer’: Bell Works Chicagoland in Hoffman Estates ready to add homesJan 28, 2024 7:47 am - While the commercial development of Bell Works Chicagoland in Hoffman Estates is continuing on pace in 2024, the year’s biggest milestone is expected to be the start of c...
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Developer to get $24.5 million from TIF for Elk Grove gateway corner projectJan 26, 2024 6:24 pm - Public funds will help pay a quarter of the costs of a $100 million transformation of the oldest shopping center in Elk Grove Village. Wingspan Development Group, chosen ...
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Longtime Elk Grove pizzeria wants ‘fair’ deal in buyout talks with villageJan 25, 2024 6:32 pm - The longtime owner of an Elk Grove Village pizzeria was caught off guard when she learned village officials were buying the building where she rents space, with plans to ...
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Lisle restaurant owner looks to revive corner of Ogden, MainJan 19, 2024 5:59 pm - The gateway to downtown Lisle features a boarded-up strip mall on one corner and a semi-vacant building on the other. Rob Salerno, who owns two Lisle restaurants, has pla...
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Buffalo Grove commits $11 million to Rohrman property redevelopmentJan 18, 2024 6:21 am - Buffalo Grove village board members agreed Tuesday to commit $11 million in tax increment financing funding to the redevelopment of the former Rohrman auto dealership pro...