Articles filed under Commercial Real Estate
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Developer to get $24.5 million from TIF for Elk Grove gateway corner projectJan 26, 2024 6:24 pm - Public funds will help pay a quarter of the costs of a $100 million transformation of the oldest shopping center in Elk Grove Village. Wingspan Development Group, chosen ...
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Longtime Elk Grove pizzeria wants ‘fair’ deal in buyout talks with villageJan 25, 2024 6:32 pm - The longtime owner of an Elk Grove Village pizzeria was caught off guard when she learned village officials were buying the building where she rents space, with plans to ...
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Lisle restaurant owner looks to revive corner of Ogden, MainJan 19, 2024 5:59 pm - The gateway to downtown Lisle features a boarded-up strip mall on one corner and a semi-vacant building on the other. Rob Salerno, who owns two Lisle restaurants, has pla...
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Buffalo Grove commits $11 million to Rohrman property redevelopmentJan 18, 2024 6:21 am - Buffalo Grove village board members agreed Tuesday to commit $11 million in tax increment financing funding to the redevelopment of the former Rohrman auto dealership pro...
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Inland Real Estate Investment Corp. President/CEO Mitchell Sabshon to retire; Keith Lampi appointed successorJan 17, 2024 9:17 am - Oak Brook-based Inland Real Estate Investment Corporation’s President/CEO Mitchell A. Sabshon is retiring from his posts and as director of Inland Investments effective F...
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Vasco’s Peri Peri restaurant franchise coming to Prospect HeightsJan 16, 2024 7:54 pm - A new location of the expanding Schaumburg-based Vasco’s Peri Peri restaurant is expected to open later this year in a renovated strip mall space on Rand Road in Prospect...
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How data centers became the newest growth industry in the suburbsJan 14, 2024 6:00 am - When the restructured Transformco put its former Sears corporate campus in Hoffman Estates on the market two years ago, much head-scratching and debate followed over how ...
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Radical course: What two villages are doing to transform beleaguered mall propertiesJan 13, 2024 5:24 pm - A year before West Dundee officials bought a shuttered Sears, a developer wanted the building for an indoor paintball park. The developer was close to inking a deal with ...
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Encore Village of Schaumburg rising from bankruptcy of Friendship Village senior communityJan 12, 2024 1:47 pm - The largest continuing care retirement community in Illinois has been rebranded Encore Village of Schaumburg after 46 years as Friendship Village that ended with seven mo...
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‘I love the city’: Bears president keeping stadium location options open, but embraces ‘really special’ downtownJan 10, 2024 7:23 pm - Chicago Bears President/CEO Kevin Warren said Wednesday he’s keeping his options open about the location of a new stadium — whether it be Arlington Heights or Chicago - b...