Articles filed under Commercial Real Estate
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Mount Prospect OKs new TIF district for village's downtownJan 18, 2017 12:00 am - In a bid to spur redevelopment of its struggling downtown, the Mount Prospect village board voted Tuesday to create a new tax increment financing district covering more ...
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Brighter 2017 forecast for Schaumburg Convention Center, hotelJan 17, 2017 4:30 am - A rosier 2017 is forecast for Schaumburg's convention center and adjoining Renaissance Hotel, despite the facility having fallen marginally short of its lofty top five g...
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Naperville's Main Street Promenade sold for $88 millionJan 17, 2017 12:00 am - Main Street Promenade in downtown Naperville, was purchased by Oak Brook-based Retail Properties of America Inc. for about $88 million. The acquisition of Main Stre...
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McShane to build Oak Brook luxury rental complexJan 17, 2017 12:00 am - ROSEMONT - McShane Construction was selected by Interforum Holdings for the construction of its new luxury rental community called Lakeside Village of Oak Brook. The 31...
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Naperville turns to students to help redevelop 5th Ave. train station areaJan 16, 2017 12:00 am - Before Naperville entertains developer proposals to revitalize the area around the 5th Avenue Metra station north of downtown, officials are seeking ideas from students....
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Caputo expected to open new Des Plaines grocery next monthJan 16, 2017 12:00 am - A shuttered Joe Caputo & Sons grocery store in Des Plaines will soon be back in business. Des Plaines city officials confirmed that Nat Caputo, owner of the grocery busi...
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New commercial development planned for former bank site in AlgonquinJan 15, 2017 10:00 pm - All that sits there now is a big pile of rubble and remnants of the building that once graced the Randall Road corridor in Algonquin. And even though many of you have dr...
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Vernon Hills OKs $20 million incentive for Mellody Farm developmentJan 14, 2017 6:36 am - Vernon Hills officials have approved a $20 million incentive as an investment in a retail and housing development they hope will justify the return. The approval this we...
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Schaumburg ready to buy office complexJan 14, 2017 6:30 am - Schaumburg officials have opened a $10 million line of credit at a local bank in anticipation of the Friday, Jan. 20, closing on the purchase of an office complex just n...
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Pep Boys property in Streamwood sells for $2.4 millionJan 13, 2017 12:00 am - The 22,000-square foot Pep Boys property in Streamwood sold for $2.4 million. Steven D. Weinstock, first vice president/regional manager/managing broker of Marcus & Mill...