Articles filed under Commercial Real Estate
-
‘Odd thing out’: Neighbors upset about proposed data center development in NapervilleSep 08, 2025 3:05 pm - Opponents of a proposed data center development in Naperville have voiced concerns about power consumption, water use and noise. They’re worried about residential property values and area forest preserves.
-
Compass Datacenters ready to build on cleared Sears headquarters site in Hoffman EstatesSep 06, 2025 1:50 pm - Construction is about to start on Compass Datacenters’ five-building campus on 273 acres in Hoffman Estates after the firm invested more than a year on the environmentally respectful demolition of the massive former Sears headquarters once housed there.
-
Buy vs. rent: Own a business? Own your building with the SBA 504 loanSep 06, 2025 12:43 pm - Leasing commercial space can appear to be the cheaper and simpler option for business owners. However, once you identify your optimal location and operations are standardized and primed for growth, commercial property ownership becomes a stronger long-term strategy.
-
New halal restaurant chain Slaw Burger launches in Palatine, SchaumburgSep 05, 2025 5:21 pm - The new suburban restaurant chain Slaw Burger, recently launched in Palatine and Schaumburg, has high ambitions to fill both a niche in high-quality food options and the region with convenient locations.
-
Tore & Luke’s in Palatine to close Sunday for reported move, next location still unknownSep 05, 2025 2:56 pm - A suddenly announced move from its 2-year-old current location in Palatine suggests another chapter on the way in the more than 40-year history of Tore & Luke’s Italian Beef & Pizza in the area.
-
Plan to convert historic bank building into restaurant could be ‘a major change for the downtown,’ Des Plaines officials saySep 02, 2025 8:29 pm - A historic building in downtown Des Plaines will be renovated and turned into a restaurant under a multimillion-dollar plan approved Tuesday by the city council.
-
Developer acquires vacant Family Square mall site in downtown LisleAug 29, 2025 5:42 pm - A languishing strip mall property at the entrance to downtown Lisle now is in a developer’s hands.
-
Multimillion-dollar deal to turn historic Des Plaines building into restaurant awaits key vote TuesdayAug 29, 2025 2:00 pm - A much-anticipated, multimillion-dollar deal to turn a historic, city-owned building in downtown Des Plaines into a restaurant should get the city council’s final approval Tuesday.
-
The Biz Week That Was: New streaming and grocery taxes, outlet mall gets new retailers, and taproom expandsAug 23, 2025 1:55 pm - Arlington Heights implements new streaming tax, retains grocery tax Arlington Heights will levy a new streaming tax, and keep an old grocery tax, village board membe...
-
After earlier attempt, District 214 inks sale of Arlington Heights property for $5.55MAug 22, 2025 4:24 pm - The Northwest Suburban High School District 214 board votes to sell a prime Arlington Heights property to a developer for $5.55 million, despite resistance from some board members who believe the value may only rise in the future.