Articles filed under Commercial Real Estate
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Sears demolition continues even as Hoffman Estates site begins prep for Compass DatacentersNov 03, 2024 6:00 am - Though about a year remains to fully demolish Sears’ former 2.4 million-square-foot headquarters in Hoffman Estates, grading of some areas cleared since summertime has just begun to level the site for construction of five massive data centers — each more than a quarter-million square feet.
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Des Plaines set to buy downtown building for $1.9 millionNov 01, 2024 1:28 pm - Des Plaines is set to purchase a shuttered bank building in the downtown district for potential redevelopment.
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Shuttered Heavenly Bodies strip club in Elk Grove Village to meet wrecking ballOct 31, 2024 7:25 pm - Now that it’s held its last dance, the shuttered Heavenly Bodies strip club is due to meet the wrecking ball in the coming months as its new owner — Elk Grove Village — primes the area for redevelopment.
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Award-winning Hoffman Estates office building up for sale againOct 29, 2024 12:43 pm - An architecturally award-winning building in Hoffman Estates — designed and built by mattress manufacturer Serta for office and research and development space in 2009 before being sold to dental equipment producer Planmeca a decade later — is seeking a new buyer.
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Chipotle Mexican Grill opening Schaumburg location with drive-through Chipotlane ThursdayOct 28, 2024 6:02 pm - Chipotle Mexican Grill will open a new location in Schaumburg Thursday featuring the brand’s Chipotlane allowing customers to pick up digital orders from their vehicles.
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Indoor pickleball facility proposed for Batavia shopping centerOct 28, 2024 4:14 pm - Batavia City Council members will review plans Tuesday to transform a vacant shopping center on Randall Road into an indoor pickleball facility.
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Former Mount Prospect fire and police headquarters now a luxury apartment complexOct 28, 2024 11:01 am - The former site of Mount Prospect’s police and fire headquarters is enjoying new life as a luxury apartment complex.
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Wheeling paves way for Gas N Wash to get steep property tax breakOct 24, 2024 12:49 pm - A company set to build a gas station, a convenience store and other businesses on Wheeling’s west side is in line for a steep property tax discount.
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Geneva shopping center sells off four outlotsOct 23, 2024 9:54 am - The Randall Square Shopping Center in Geneva has sold four of its outlots, as its owner concentrates attention on the mall’s main building.
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Geneva council OKs $42.8M TIF deal with warehouse developerOct 22, 2024 8:13 am - The Geneva City Council Monday approved a $42.8 million tax increment finance redevelopment agreement with MIF-Geneva Park for development of a new industrial park as part of the city’s South East Master Plan.