Articles filed under Commercial Real Estate
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Outback Steakhouse closes Mount Prospect locationFeb 26, 2024 3:19 pm - Outback Steakhouse has served its last meal after an eight-year run at Randhurst Village in Mount Prospect. But despite the restaurant’s closing, the shopping center is ...
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Warehouse development surged during the pandemic. Now, it’s ‘a more normalized market.’Feb 25, 2024 5:39 am - In the decades after World War II, Allstate and other corporate giants built their headquarters on vast tracts of land along the Tri-State Tollway. The old Allstate campu...
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‘No pressure being exerted’: Arlington Heights mayor denies taking sides in Bears vs. schools tax battleFeb 21, 2024 7:44 pm - As the Cook County Board of Review closes in on a final decision that will likely hike the amount of property taxes the Chicago Bears pay at Arlington Park, Arlington Hei...
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New owners of former Sears HQ meet Hoffman Estates business community at mayor’s forumFeb 21, 2024 2:34 pm - Hoffman Estates’ business community saw growth on many fronts during 2023, but Dallas-based Compass Datacenters’ purchase of the 273-acre former Sears headquarters was th...
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‘This is our baby’: Downtown Mount Prospect restaurant set to expandFeb 21, 2024 9:05 am - Esteban Aguado, owner of Mia's Cantina Mexican Grill and Tequila Bar, is expanding the business to a vacant spot next to his Prospect Avenue restaurant in Mount Prospect.
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Data center campus to replace four office buildings at Northwest Point in Elk GroveFeb 21, 2024 8:52 am - Two new data centers and an electrical substation will take the place of four office buildings in Elk Grove Village’s Northwest Point, an area the village has primed for ...
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Developer gets loan for Tesla sales/service center and adjacent parcel in Buffalo GroveFeb 18, 2024 5:49 am - Shorewood Development Group has acquired a loan package from Associated Bank to finance a new automotive sales and service center in Buffalo Grove. The primary financing...
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Why the suburbs need to start planning for Chicago’s ‘mansion tax’Feb 18, 2024 5:25 am - In nearby Chicago, city residents face a tax hike on their March 19 primary ballots, but there may even be implications for the suburbs. Chicago Mayor Brandon Johnson and...
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Mundelein mayor touts downtown redevelopment in State of the Village speechFeb 15, 2024 9:54 am - Mundelein Mayor Steve Lentz kicked off his latest State of the Village presentation this week by touting the downtown area’s continued redevelopment. That work includes t...
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Why an exotic car storage facility could be coming to South BarringtonFeb 13, 2024 2:18 pm - Editor’s note: The company behind this proposed facility is not the BeSpoke Motor Union that is planning to construct a luxury car storage business in Gilberts. Ferr...