Articles filed under Commercial Real Estate
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Council tentatively backs kimchi factory's relocation to Des PlainesJul 18, 2023 1:00 am - After a delay last month, a plan to relocate a Chicago kimchi factory to Des Plaines is moving forward. The Des Plaines City Council on Monday tentatively approved a con...
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Lake County to review proposed redevelopment of Baxter propertyJul 16, 2023 1:00 am - Lake County planning staff will meet Tuesday with Bridge Development regarding the proposed redevelopment of the Baxter property near Deerfield. The company requested t...
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Starting next year, new buildings in Oak Park must be all-electricJul 14, 2023 5:00 am - For the first time in the Midwest, a town has passed an ordinance requiring new buildings to be all-electric. Oak Park's electrification ordinance, which will go in...
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Developers: Elgin's market is too sluggish for all-commercial spaceJul 13, 2023 1:00 am - The market interest in creating more housing in Elgin rather than office space may continue as a property once planned for entirely commercial use wants permission from ...
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Could office property in South Barrington become residential?Jul 12, 2023 1:00 am - The South Barrington village board meets Thursday night to discuss possible future uses of an office complex at 33 W. Higgins Road and other business. A real estate deve...
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Relocation makes Mount Prospect critical site for distributing cutting-edge medicinesJul 12, 2023 1:00 am - A company that plays a critical role in delivering products used in clinical trials to global destinations on time, sometimes under rigorous conditions, has found a new ...
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New Rosemont tax rebate program could mean $225,000 for hotelJul 12, 2023 1:00 am - Rosemont will give property tax rebates to a hotel and two restaurants under a new program aimed at creating "parity" among local businesses, village officials said. The...
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UPS leases building in AddisonJul 11, 2023 11:00 pm - ADDISON - Clear Height Properties said UPS, a Fortune 50 global shipping and logistics firm, has leased a 34,700-square-foot building at 1404 W. Fullerton Ave. in Addiso...
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Bloomingdale mall owner acquires Louis Joliet MallJul 11, 2023 1:00 am - The new owner of Louis Joliet Mall has been buying malls around the country for the past 10 years, including several in Chicago and its suburbs. Namdar Realty Group acqu...
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Mount Prospect hopes shuttered hotel reopens, but could seek its demolitionJul 10, 2023 1:00 am - Mount Prospect has fined the owners of the vacant former Holiday Inn at 200 E. Rand Road over numerous code violations that, if not addressed, could lead village officia...