Articles filed under Commercial Real Estate
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Out with the old: Demolition work signals progress for two Naperville projectsJul 28, 2024 7:46 pm - If you’ve driven by Route 59 and Aurora Avenue or along East Chicago Street, you’ve probably noticed something missing from the landscape. Demolition crews are making way for two new developments in Naperville.
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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...