Articles filed under Commercial Real Estate
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Finding the right partner: Lisle awaits proposal for Family Square Plaza redevelopmentNov 04, 2024 12:34 pm - Another developer is taking a look at the shuttered Family Square Plaza in downtown Lisle, village records show. According to village documents, Green State Credit Union, which owns the property at the southeast corner of Ogden Avenue and Main Street, accepted an offer from a Chicago-based developer on Oct. 8.
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Sears demolition continues even as Hoffman Estates site begins prep for Compass DatacentersNov 03, 2024 6:00 am - Though about a year remains to fully demolish Sears’ former 2.4 million-square-foot headquarters in Hoffman Estates, grading of some areas cleared since summertime has just begun to level the site for construction of five massive data centers — each more than a quarter-million square feet.
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Des Plaines set to buy downtown building for $1.9 millionNov 01, 2024 1:28 pm - Des Plaines is set to purchase a shuttered bank building in the downtown district for potential redevelopment.
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Shuttered Heavenly Bodies strip club in Elk Grove Village to meet wrecking ballOct 31, 2024 7:25 pm - Now that it’s held its last dance, the shuttered Heavenly Bodies strip club is due to meet the wrecking ball in the coming months as its new owner — Elk Grove Village — primes the area for redevelopment.
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Award-winning Hoffman Estates office building up for sale againOct 29, 2024 12:43 pm - An architecturally award-winning building in Hoffman Estates — designed and built by mattress manufacturer Serta for office and research and development space in 2009 before being sold to dental equipment producer Planmeca a decade later — is seeking a new buyer.
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Chipotle Mexican Grill opening Schaumburg location with drive-through Chipotlane ThursdayOct 28, 2024 6:02 pm - Chipotle Mexican Grill will open a new location in Schaumburg Thursday featuring the brand’s Chipotlane allowing customers to pick up digital orders from their vehicles.
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Indoor pickleball facility proposed for Batavia shopping centerOct 28, 2024 4:14 pm - Batavia City Council members will review plans Tuesday to transform a vacant shopping center on Randall Road into an indoor pickleball facility.
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Former Mount Prospect fire and police headquarters now a luxury apartment complexOct 28, 2024 11:01 am - The former site of Mount Prospect’s police and fire headquarters is enjoying new life as a luxury apartment complex.
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Wheeling paves way for Gas N Wash to get steep property tax breakOct 24, 2024 12:49 pm - A company set to build a gas station, a convenience store and other businesses on Wheeling’s west side is in line for a steep property tax discount.
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Geneva shopping center sells off four outlotsOct 23, 2024 9:54 am - The Randall Square Shopping Center in Geneva has sold four of its outlots, as its owner concentrates attention on the mall’s main building.