Articles filed under Commercial Real Estate
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Elk Grove Village-backed gas station project hits a snagSep 10, 2024 8:01 pm - Elk Grove Village developer Mario Gullo’s deal for a Road Ranger fueling station, convenience store with three fast food restaurants, and video gambling has fallen through.
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Woodfield Village Green shopping center sold for $93.2 million; Nothing Bundt Cakes, Good Feet Store comingSep 10, 2024 11:15 am - Though the 421,000-square-foot Woodfield Village Green shopping center across Golf Road from Woodfield Mall in Schaumburg was sold for $93.2 million last month, shoppers shouldn’t expect any immediate shake-ups in the property beyond growth of its tenant makeup.
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Zynga signs 14,000-square-foot office lease at Cumberland Centre in ChicagoSep 10, 2024 11:03 am - Game-maker Zynga Inc., a global leader in interactive entertainment, has signed a long-term lease for about 14,000 square feet of office space at Cumberland Centre at 544...
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The Biz Week That Was: A potential sales tax hike, new senior living, and gourmet cookies among the highlightsSep 08, 2024 5:48 am - Kildeer seeking local sales tax hike to offset loss of Best Buy, other factors Kildeer lost its top sales tax producer when Best Buy closed earlier this year. Anothe...
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Andretti Indoor Karting groundbreaking signals start of Schaumburg entertainment district constructionSep 07, 2024 9:28 am - Construction on Andretti Indoor Karting & Games will begin after a ceremonial invitation-only groundbreaking Friday, ultimately becoming the anchor of the first phase of Schaumburg’s forthcoming entertainment district around the village’s convention center.
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Five Below opens store in Arlington HeightsSep 06, 2024 2:41 pm - Five Below — the retailer selling most items between $1 and $5 — opened a location Friday at the Northpoint Shopping Center in Arlington Heights.
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‘Making no progress’: Deal to redevelop vacant Lisle strip mall terminatedSep 03, 2024 5:19 pm - Downtown Lisle’s Family Square Plaza will remain shuttered a while longer. Developer Flaherty & Collins missed an Aug. 30 deadline to show it had financing in place for a project to demolish the downtown strip mall and build a 198-unit apartment building with retail on the first floor.
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Barrington moves closer to TIF for ‘Golden Triangle’Aug 30, 2024 9:20 pm - Barrington’s proposed Tax Increment Financing district qualifies as a “blighted area,” a consultant told the village board Monday during
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Promenade refresh among ongoing projects in Lake ZurichAug 26, 2024 8:10 am - A facelift for the lakefront promenade, a focal point in downtown Lake Zurich, is underway.
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Developer asks for $109 million in aid for controversial Sugar Grove proposalAug 21, 2024 1:01 pm - A developer is asking for $109 million worth of aid for the proposed The Grove development in Sugar Grove, according to a redevelopment agreement the village board is considering.