Articles filed under Commercial Real Estate
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Pritzker defends potential Bears tax deal amid treasurer report scrutinyMay 26, 2026 6:20 pm - Gov. JB Pritzker’s office Tuesday defended a property tax financing mechanism the Bears would use in Arlington Heights, after Cook County Treasurer Maria Pappas released a critical report questioning the special tax arrangement.
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Expansion could save Siemens for Buffalo GroveMay 21, 2026 4:40 pm - A global tech giant is on its way to solidifying its commitment to Buffalo Grove. Siemens has been a longtime presence at the Covington Corporate Center. Now the company plans to add a 76,500-square-foot warehouse and distribution center to the company's existing office building at 1000 Deerfield Parkway.
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Carvana expanding activity, jobs at ADESA wholesale auto auction site in Hoffman EstatesMay 21, 2026 11:39 am - Carvana plans to create 100 new jobs by introducing an Inspection and Reconditioning Center at its ADESA Chicago wholesale auction site in western Hoffman Estates.
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Why some Bartlett officials are concerned about upscale auto mall plan for Lake StreetMay 20, 2026 1:54 pm - Bartlett officials are reviewing a proposal for an upscale auto mall near the Hyundai and Genesis dealerships on Lake Street despite early concerns about how much tax revenue it might generate long-term.
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Schaumburg’s first approved residential conversion of office building facing delaysMay 19, 2026 4:10 pm - Though approved 15 months ago, Schaumburg’s first proposed residential conversion of a vacant office building has yet to make any noticeable changes to the 46-year-old structure in question.
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Developer pulls plans for downtown East Dundee projectMay 19, 2026 3:31 pm - Plans to transform a lumberyard in East Dundee into a mixed-use development featuring townhouses, apartments, boutique lodging and retail are on hold for now.
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Suburban single-story office buildings without amenities experiencing surge in demandMay 17, 2026 8:08 am - Single-story suburban office buildings are experiencing strong demand and outperforming the broader office market five years into its recovery from the pandemic.
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‘Something lasting’: Buffalo Grove developer has big plans for former Walgreens HQMay 14, 2026 7:02 pm - Buffalo Grove-based Shorewood Development Group, which has been changing the landscape in the village it calls home, now plans to make its mark across the border in Deerfield by redeveloping the former Walgreens headquarters.
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Downtown Palatine tees up new indoor golf club in loft spaceMay 14, 2026 4:00 pm - An indoor golf facility is ready to tee off in a second-floor loft space inside a multi-tenant downtown Palatine building.
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Plan for large Amazon store clears first hurdle in Oak BrookMay 14, 2026 2:52 pm - A large-format Amazon grocery and merchandise store is closer to opening in Oak Brook after a village panel recommended approval of the project.