Articles filed under Commercial Real Estate
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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...
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Starbucks with drive-through to replace former Escape Lounge in SchaumburgFeb 08, 2024 5:50 pm - Construction will begin in the spring on a 2,000-square-foot Starbucks with a drive-through that will replace the Escape Lounge & Sports Bar at 801 E. Algonquin Road in Schaumburg.
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Old Arlington Heights office building near Bears property demolished for redevelopmentFeb 07, 2024 7:04 pm - An old office building on the outskirts of the Arlington Park property met the same fate as the demolished racetrack buildings, with an eye toward the same property tax savings the Chicago Bears are trying to achieve.