Articles filed under Commercial Real Estate
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Texas data-center developer under contract to buy Sears headquarters, sources sayJul 24, 2023 1:00 am - Dallas-based Compass Datacenters is the company under contract to buy the 273-acre former Sears headquarters campus in Hoffman Estates, according to sources familiar wit...
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Post-pandemic office leasing, what is a building owner to do?Jul 23, 2023 1:00 am - The state of the office leasing market in suburban Chicago has dramatically changed post pandemic, and office building owners are facing new challenges to retain and att...
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A prescription for delivering healthcare facilities in today's high-cost environmentJul 23, 2023 1:00 am - Inflation and high interest rates have put many big buying decisions on hold. That's true not only for consumers, who are delaying home and car purchases, but also heal...
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Grow business: Cannabis cultivator and product manufacturer finds a home in the suburbsJul 23, 2023 1:00 am - You've probably seen the adult-use cannabis dispensaries that have popped up around Illinois since the state legalized recreational marijuana use in January 2020. Today...
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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 ...