Articles filed under Commercial Real Estate
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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...
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Lake County to review proposed redevelopment of Baxter propertyJul 16, 2023 1:00 am - Lake County planning staff will meet Tuesday with Bridge Development regarding the proposed redevelopment of the Baxter property near Deerfield. The company requested t...