Articles filed under Commercial Real Estate
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Struggling Nokia sells headquarters buildingDec 04, 2012 5:14 am - HELSINKI — Nokia Corp. plans to sell its head office near the Finnish capital to real estate investors for $220 million as the struggling cellphone maker continues to cu...
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Saudi group sells majority stake in NY’s PlazaDec 04, 2012 5:13 am - RIYADH, Saudi Arabia — The investment firm headed by Saudi billionaire Prince Alwaleed bin Talal says it has sold a majority stake in The Plaza Hotel in New York to a ma...
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Revised Water Street proposal not likely to change council minds in NapervilleDec 03, 2012 12:43 pm - Developers have eliminated 62 apartments and reduced by 8 feet the height of the proposed downtown Naperville Water Street project, but the changes have had little impac...
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US builders boost spending 1.4 percent in OctoberDec 03, 2012 8:00 am - WASHINGTON — U.S. builders increased their spending on construction projects in October by the largest amount in five months, led by a surge in housing. The Commerce Dep...
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Barrington’s Catlow theater about to go digitalDec 03, 2012 4:30 am - Nearly 1,400 supporters this summer helped give Barrington’s 85-year-old Catlow theater the chance for many more birthdays, and its owners are expecting to give the comm...
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Libertyville considers higher tax levyDec 02, 2012 3:49 pm - Libertyville trustees on Tuesday, Dec. 12 will vote on the 2012 tax levy, which is projected to result in an increase of $16 in village tax for a home valued at $300,000...
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Another proposal for vacant land in Prospect Heights diesNov 29, 2012 10:45 am - Anyone who thinks political conflicts end with elections has not spent much time in Prospect Heights. Mayor Nick Helmer and Dolly Vole, the incumbent he defeated in 2011...
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Strich reflects on 12 years at WoodfieldNov 29, 2012 4:30 am - Marc Strich is overseeing his 12th holiday shopping season as general manager of Woodfield Mall. What he didn’t know two months ago was that it would be his last. As par...
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Naperville developer’s son rips into Water Street foesNov 28, 2012 1:34 pm - The son of a Naperville developer has chosen an unusual tactic to garner support for his father’s proposed Water Street project: insult those opposed to the plan in an e...
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Schaumburg mayor praises departing Woodfield managerNov 27, 2012 2:58 pm - Schaumburg’s economic well-being has been tied to Woodfield Mall for more than 40 years. Mayor Al Larson says he wouldn’t have wanted anyone else in charge of such an im...