Articles filed under Commercial Real Estate
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New Rosemont tax rebate program could mean $225,000 for hotelJul 12, 2023 1:00 am - Rosemont will give property tax rebates to a hotel and two restaurants under a new program aimed at creating "parity" among local businesses, village officials said. The...
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UPS leases building in AddisonJul 11, 2023 11:00 pm - ADDISON - Clear Height Properties said UPS, a Fortune 50 global shipping and logistics firm, has leased a 34,700-square-foot building at 1404 W. Fullerton Ave. in Addiso...
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Bloomingdale mall owner acquires Louis Joliet MallJul 11, 2023 1:00 am - The new owner of Louis Joliet Mall has been buying malls around the country for the past 10 years, including several in Chicago and its suburbs. Namdar Realty Group acqu...
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Mount Prospect hopes shuttered hotel reopens, but could seek its demolitionJul 10, 2023 1:00 am - Mount Prospect has fined the owners of the vacant former Holiday Inn at 200 E. Rand Road over numerous code violations that, if not addressed, could lead village officia...
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Clear Height honored for 'Most Significant Investment Sale'Jul 09, 2023 11:00 pm - OAK BROOK - A Clear Height Properties transaction featuring 31 industrial properties and two land sites totaling more than 1.4 million square feet of space was selected ...
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Friendship Village operating normally during search for new ownerJul 07, 2023 1:00 am - With an anticipated six-month process ahead to emerge from bankruptcy protection, life at the Friendship Village of Schaumburg retirement community is continuing in a la...
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Could redevelopment of historic building be key to downtown Elgin's revitalization?Jul 07, 2023 1:00 am - Developers and Elgin stakeholders are hopeful the redevelopment of a 130-year-old historic building in the heart of downtown will be a linchpin in their effort to re-ene...
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Former flower shop torn down in Mt. ProspectJun 30, 2023 1:00 am - Crews razed the former Busse's Flowers and Gifts building Friday in downtown. The demolition, recorded by Scott Schuster, is part of project to redevelop the northeast c...
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Billboard at Schaumburg border taken down to start transformation of eyesore siteJun 30, 2023 1:00 am - A billboard looming above an abandoned hot-dog stand at Schaumburg's northeast entrance has been on borrowed time - the village bought the site in January - that just ra...
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Where are your bell bottoms? Hawthorn shopping center celebrating 50 years in '70s styleJun 28, 2023 5:00 am - The owner of Hawthorn mall in Vernon Hills is inviting the public to revisit the era of wide ties, plaid suits and bell bottom pants to celebrate the center's 50th anniv...