Articles filed under Commercial Real Estate
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Taking flight: A new business model helped make DuPage Airport Authority and NAI Hiffman a successJan 08, 2023 12:00 am - This is a turnaround story. Credit a change in business model. For years the technology park south of DuPage Airport in West Chicago languished, unable to lure more than...
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Historic downtown Mount Prospect building faces demolitionJan 07, 2023 12:00 am - A nearly 100-year-old building in downtown Mount Prospect will be torn down to make room for a new commercial development. But the new structure will be built along the ...
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West Dundee eyes new TIF district for Spring Hill MallJan 06, 2023 12:00 am - West Dundee trustees Monday will hold a public hearing as they work to create a new tax increment financing district for Spring Hill Mall. A TIF district freezes propert...
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The Chicago Chapter of SIOR Presents 2022 Richard G. Levy Presidents Award to George Cibula, SIORJan 05, 2023 10:00 pm - Fifty-year industry veteran known for big deals and big laughs Submitted by Aimee Val The Chicago Chapter of the Society of Industrial & Office Realtors (SIOR) presente...
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Request to scrap garage from Des Plaines hotel plan gets tentative OKJan 04, 2023 12:00 am - A real estate developer's request to remove a parking garage from plans for a new hotel in Des Plaines has tentatively cleared the city council. Aldermen on Tuesday vote...
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Mount Prospect backs plan to convert 1970s medical office into apartmentsJan 04, 2023 12:00 am - Mount Prospect continues to boost its stock of downtown rental housing options with the recently approved plans to convert a 25,000-square-foot medical office into a 20-...
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Developer wants to erase garage from hotel plan in Des PlainesJan 03, 2023 4:30 am - An international real estate developer wants to remove a proposed parking garage from plans for a new hotel in Des Plaines. The city council will review the request toni...
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Shopping center sold for $3.5 millionJan 01, 2023 10:00 pm - SOUTH CHICAGO HEIGHTS - The American Plaza Shopping Center in South Chicago Heights was recently sold for $3.5 million, according to a commercial realty group involved i...
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Supply chain issues delay opening of Tony's Fresh Market in Schaumburg to springDec 29, 2022 12:00 am - Supply chain issues have prevented the intended end-of-year opening of Tony's Fresh Market in a former Dominick's building in Schaumburg, but a spring debut for the long...
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Andretti Indoor Karting planning to buy Schaumburg site for $6 million, open in 2024Dec 28, 2022 4:00 am - Andretti Indoor Karting & Games is preparing to pay the village of Schaumburg $6 million to purchase a site west of the Schaumburg Convention Center and Renaissance ...