Articles filed under Commercial Real Estate
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The Biz Week That Was: Sears’ HQ nearly razed, Dick’s buys Foot Locker, and Walmart warns of higher pricesMay 17, 2025 1:35 pm - The demolition of Sears campus in Hoffman Estates is almost done The demolition of Sears’ former 2.4 million-square-foot headquarters in Hoffman Estates is entering ...
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ADP moving 1,000 employees from Elk Grove Village to Zurich building in SchaumburgMay 16, 2025 12:42 pm - A deal has been announced for ADP payroll services to relocate from its Elk Grove Village offices to join Wheels, Inc. in leasing space Zurich North America has made available for tenants at its iconic Schaumburg headquarters.
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Bahama Breeze in Schaumburg among 15 locations abruptly closed nationwideMay 16, 2025 10:42 am - Bahama Breeze Island Grille restaurant in Schaumburg is among 15 nationwide that were closed recently by Darden Restaurants, Inc.
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Geneva committee OKs $131K economic incentive agreementMay 15, 2025 11:16 am - Geneva alderpersons recommended approval of an economic incentive agreement of $131,762 for a developer who proposes to rehabilitate a 113-year-old building for commercial and residential use.
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Going, going, almost gone: The demolition of Sears campus in Hoffman Estates is almost doneMay 14, 2025 5:06 pm - The demolition of Sears’ former 2.4 million-square-foot headquarters in Hoffman Estates is entering its final stages.
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180-year-old St. Charles home could be demolished to make way for parking lotMay 14, 2025 2:01 pm - A 180-year-old St. Charles home has evaded demolition for years despite owners’ attempts to level the structure and convert the site to a parking lot. But its time may soon be up after a planning and development committee recommended approval for the first steps towards demolition.
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Carpentersville purchases former Kohl’s building at Spring Hill Mall for $2 millionMay 14, 2025 10:11 am - Carpentersville made the last purchase at Spring Hill Mall on Tuesday, agreeing to buy the former Kohl’s building for $2 million.
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Agreement would settle lawsuit, approve design for long vacant Liberty Theater in downtown LibertyvilleMay 09, 2025 6:17 pm - An impasse involving development of the long vacant Liberty Theater in downtown Libertyville could be solved with a proposed settlement agreement.
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After delays, controversial church proposal heads to South Barrington village boardMay 07, 2025 5:23 pm - After months of delays, a controversial plan to construct a church and school in South Barrington has cleared a key bureaucratic hurdle and is headed to the village board Thursday night for consideration.
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Developer releases plans for vacant property along Route 83 in Long GroveMay 01, 2025 2:08 pm - A developer has released design plans for a 15-acre parcel of vacant land at the intersection of Routes 83 and 53 in Long Grove.