Articles filed under Commercial Real Estate
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NAI Hiffman completes 3 corporate leases at office redevelopment in LisleJul 26, 2025 12:56 pm - NAI Hiffman, a leading Midwest independent commercial real estate firm, has completed three office leases totaling 15,642 square feet in the Corporate Lakes office park in Lisle.
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When business owners become real estate investorsJul 26, 2025 12:53 pm - A common story in Chicago-area commercial real estate, where a strong network of privately held and family-owned businesses has long been a backbone of the economy, is real estate becomes a natural next move as these business owners exit or evolve.
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Demolition of massive former Sears HQ in Hoffman Estates reaches completionJul 23, 2025 3:26 pm - Just under a year after it began, structural demolition of the 2.4-million-square-foot Sears headquarters in Hoffman Estates ended Tuesday with the final stairwell of the east parking garage coming down.
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New Schaumburg Starbucks to open west of Veridian development Thursday morningJul 22, 2025 4:37 pm - A long-anticipated 2,000-square-foot Starbucks with a drive-through and an outdoor patio will open in Schaumburg Thursday at its regular daily starting time of 4:30 a.m.
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Sweet Basil Cafe in Hanover Park abruptly closes, leaving chain’s last location in SkokieJul 21, 2025 4:31 pm - Sweet Basil Cafe opened its seventh Illinois location in Hanover Park 15 months ago, but with its recent abrupt closure only one in Skokie remains.
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Developer plans youth hockey complex in Elk Grove VillageJul 18, 2025 5:19 pm - A developer plans to build a twin-sheet ice arena in Elk Grove Village to serve youth hockey groups in the Northwest suburbs.
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Making progress: Spring Hill Mall demolition ahead of schedule and sparking developers’ interestJul 16, 2025 3:06 pm - Demolition work at the former Spring Hill Mall is moving faster than anticipated.
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Prospect Heights approves land swap enabling hangars to replace hotel at Chicago Executive AirportJul 16, 2025 3:04 pm - Prospect Heights officials have approved a redrawing of the property line between an office building and the site of a recently demolished hotel at Chicago Executive Airport to enable the construction of eight hangars there.
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Barrington could borrow $3 million to fund downtown makeoverJul 15, 2025 8:39 pm - Barrington officials discussed a proposal this week to pay for downtown streetscape improvements set to begin this year by borrowing $3 million over 15 years.
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District 214 puts prime Arlington Heights Road real estate up for sale, againJul 15, 2025 8:37 pm - Northwest Suburban High School District 214 is again trying to sell a vacant Arlington Heights office building amid expected costs for renovations to aging schools.