Articles filed under Commercial Real Estate
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New owner, new hope for Des Plaines shopping centerOct 29, 2012 5:00 am - “For Lease” signs abound in the once-prized crown jewel of Des Plaines' downtown, a stark reminder of the still struggling economy. The new owner of Metropolitan Square,...
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Hong Kong imposes property tax on nonlocal buyersOct 27, 2012 11:00 pm - Hong Kong’s government announced its first property tax targeted at overseas buyers, stepping up efforts to cool home prices as U.S. monetary easing and record-low inter...
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Buffalo Grove Theater raising funds to avoid closureOct 27, 2012 8:00 am - Another local movie theater may well fall victim to what could be dubbed the digital disease unless a fundraiser just getting started provides the cure. The Buffalo Grov...
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Hanover Park at crossroads with rundown shopping centerOct 26, 2012 5:30 am - Hanover Park's effort to improve the curb appeal of one of its most visible commercial centers has come to a “crossroads,” village officials say. Nearly a year after the...
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Libertyville businesses give IDOT their roadwork 2 centsOct 25, 2012 6:00 pm - Frustration remains high among businesses affected by a big road project in Libertyville, but village officials hope some simple measures might relieve the sting a bit a...
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Rolling Meadows hurries to spend TIF moneyOct 23, 2012 9:40 pm - The Rolling Meadows City Council voted Tuesday that the developer of the all-but-vacant shopping center on Kirchoff Road can allocate $720,000 in tax increment finance f...
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Housing groups: Bank neglects foreclosed homes in minority areasOct 23, 2012 4:40 pm - A coalition of housing groups announced Tuesday new information in a discrimination complaint against Bank of America. The Washington D.C.-based National Fair Housing Al...
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Prospect Hts. agrees to share tax with Ultra FoodsOct 22, 2012 2:00 pm - The Prospect Heights City Council Monday approved a sales tax-sharing agreement to help bring an Ultra Foods Store to a long-vacant former Dominick's site. William Nazha...
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Walmart, Pita Inn coming to Mundelein's Oak Creek PlazaOct 19, 2012 10:00 am - A Super Walmart store and a Pita Inn restaurant are coming to a long-struggling shopping center on Mundelein's south side, village officials said. "It's great," Mundele...
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Grayslake business owners fed up with rising school taxesOct 19, 2012 5:30 am - Concerns about escalating real estate taxes prompted a coalition of Grayslake business owners to ask officials at a local school district to work to end the trend. Grays...