Articles filed under Commercial Real Estate
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The Biz Week That Was: Mall redevelopment, new senior apartments, and shopping center revival among the highlightsJul 28, 2024 5:57 am - St. Charles approves plans for development near former Charlestowne Mall St. Charles city officials have approved preliminary plans for Fox Haven Square, a commercia...
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With promise of $47 million in public funding, Schaumburg all in on The DistrictJul 26, 2024 11:01 pm - Schaumburg has pledged $47 million in public funding for The District at Veridian, clearing the way for construction to begin on the $185 million, 30-acre mixed-use development on the former Motorola campus.
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Time to bring in a new developer? Lisle trustees reviewing options on shuttered shopping centerJul 25, 2024 6:15 pm - The Family Square Plaza in downtown Lisle remains shuttered as an Indianapolis-based developer continues to work on finalizing a deal to purchase the property. Village trustees in August will decide if they want to grant an extension to the developer.
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St. Charles approves plans for development near former Charlestowne MallJul 24, 2024 9:29 am - St. Charles City Council members have approved preliminary plans for Fox Haven Square, a commercial development near the former Charlestowne Mall site on the city’s east ...
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Close CRE Deals with the SBA 504 loanJul 23, 2024 10:22 am - The commercial real estate market continues to find its footing after the pandemic. Business owners may have more options to choose from, but financing is still a challe...
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The Corporate Transparency Act and its impact on commercial real estate associations — are you covered?Jul 21, 2024 5:42 am - You may have heard recent talk about the Corporate Transparency Act (CTA), which went into effect Jan. 1, 2024, that requires Beneficial Ownership Information reporting f...
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New life for ‘zombie offices’? Suburbs’ less desired buildings are gradually repurposing in evolving marketJul 21, 2024 5:39 am - While companies are continuing their flight to higher quality suburban office space in the evolving post-pandemic market, data suggests the region may be gradually figuring out how to repurpose its less desired buildings.
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Wingspan Development starts preleasing at The Dawson in downtown Mount ProspectJul 21, 2024 5:25 am - Wingspan Development Group, a national development firm, recently started preleasing for The Dawson, a new seven-story, 64-unit Class A apartment community in downtow...
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About 300 apartments coming to Huntley, despite some village board reluctanceJul 19, 2024 9:27 am - Huntley soon will be home to a new apartment complex near the Huntley Springs Retirement Resort near the intersection of Route 47 and Powers Road. Henry Patel, the develo...
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Developer officially asks Sugar Grove to approve controversial development near I-88, Route 47Jul 18, 2024 11:48 am - It’s official: Developer submits annexation, zoning requests for an 861-acre mixed-use development at I-88 and Route 47 near Sugar Grove.