Articles filed under Commercial Real Estate
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Commercial real estate and construction outlook: Second half of 2023Jul 23, 2023 1:00 am - As we get into the second half of 2023, there are some important trends in both commercial real estate and construction to keep an eye on for the remainder of the year. ...
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Access to capital gives some apartment developers key to hot marketJul 23, 2023 1:00 am - For the next couple of years, suburban Chicago multifamily development will be a tale of the haves and have-nots - developers who have access to capital versus those who...
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Redevelopment of Elk Grove Village gateway corner faces delaysJul 21, 2023 5:30 am - Construction on the anticipated corner gateway redevelopment in Elk Grove Village will be delayed to next year, as village officials and the developer work behind the sc...
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Zurich North America puts nearly half of its Schaumburg office space up for leaseJul 21, 2023 1:00 am - Zurich North America is putting about 360,000 square feet of its iconic 783,800-square-foot headquarters in Schaumburg up for lease in another sign of the post-pandemic ...
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Des Plaines to spend $799,000 on downtown propertyJul 20, 2023 1:00 am - Des Plaines is set to buy vacant commercial property on Miner Street. The city council on Monday agreed to buy 1488 Miner St. and 1490 Miner St. for $799,000. Both are o...
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New fitness center coming to former Ultra Foods in WheatonJul 19, 2023 1:00 am - A Colorado chain of fitness centers is flexing its muscles with a push into the Chicago area workout business. VASA Fitness plans to open a health club in a long-vacant ...
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New buyer for Sears campus? Unnamed group under contract for potential purchase of parcelJul 19, 2023 1:00 am - An unidentified group is performing due diligence ahead of its possible purchase of the former Sears headquarters campus in Hoffman Estates, according to village officia...
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Des Plaines halts condemnation plans for former Leona's buildingJul 18, 2023 5:30 am - An unidentified entrepreneur wants to take over a long-shuttered restaurant building in downtown Des Plaines that is one vote from being condemned and bought by the city...
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How Buffalo Grove hopes to boost fortunes of struggling stretch of Dundee RoadJul 18, 2023 1:00 am - A plan aimed at boosting redevelopment efforts around a pair of shopping centers and former auto dealerships in Buffalo Grove heads to a vote before the village board ne...
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Council tentatively backs kimchi factory's relocation to Des PlainesJul 18, 2023 1:00 am - After a delay last month, a plan to relocate a Chicago kimchi factory to Des Plaines is moving forward. The Des Plaines City Council on Monday tentatively approved a con...