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Peak Construction to build Joliet warehouse
News 1 day ago
Peak Construction to build Joliet warehouse

DES PLAINES -- Peak Construction Corp. has been awarded a design-build contract for a new, speculative industrial warehouse in Joliet. Spanning 137...

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More tenants coming to DuPage Business Center in West Chicago
News 2 days ago
More tenants coming to DuPage Business Center in West Chicago

A growing number of projects are coming to a business park in West Chicago that long struggled to attract tenants. Oak Brook-based Midwest...

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Santana Equipment Trading moves HQ to N. Chicago
News 5 days ago
Santana Equipment Trading moves HQ to N. Chicago

NORTH CHICAGO -- Santana Equipment Trading Co. is celebrating their 20th year in business by moving its headquarters from Gurnee to North Chicago....

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Retail property sells for $4.6 million
News 5 days ago
Retail property sells for $4.6 million

OAK BROOK -- Commercial real estate firm according to Steven D. Weinstock, regional manager of the firm's Chicago Oak Brook office. Located at 2351...

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Two redevelopment proposals floated for McChesney site in Glen Ellyn
News 6 days ago
Two redevelopment proposals floated for McChesney site in Glen Ellyn

The owners of an old grocery store property in downtown Glen Ellyn are floating two different proposals to redevelop the dormant site. The...

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Low mortgage interest rates stimulate homeowners to refinance
News 6 days ago
Low mortgage interest rates stimulate homeowners to refinance

The usual reasons to refinance a home mortgage loan are to reduce the monthly payment or to raise cash. The third option, which is underappreciated...

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Potential mall incentive worries some in Vernon Hills
News 1 week ago
Potential mall incentive worries some in Vernon Hills

That a major transformation is needed to revive the 1970s-era Hawthorn Mall in Vernon Hills is undisputed, but the potential level of tax...

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Arlington Heights eases zoning rules for potential southern town center on Algonquin
News 1 week ago
Arlington Heights eases zoning rules for potential southern town center on Algonquin

With an eye toward creating a town center at the southern gateway of Arlington Heights -- whose density would mirror that of the village's downtown...

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Superior Overnight Services buys Bartlett property
News 1 week ago
Superior Overnight Services buys Bartlett property

BARTLETT -- Terms of the sale were not announced. The buyer, Superior Overnight Services, is expanding its business in the new location. The...

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Marcus & Millichap sells Fox Lake apartment building
News 1 week ago
Marcus & Millichap sells Fox Lake apartment building

FOX LAKE -- Marcus & Millichap sold Fox Valley Apartments, a 12-unit apartment property in Fox Lake, according to Steven D. Weinstock, regional...

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Brown & Joseph signs lease in Itasca
News 1 week ago
Brown & Joseph signs lease in Itasca

ITASCA -- CBRE recently represented Brown & Joseph LLC in a 23,310-square-foot lease at One Pierce Place in Itasca. Brown & Joseph is a national...

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Opening of Marq on Main development celebrated in Lisle
News 1 week ago
Opening of Marq on Main development celebrated in Lisle

It was a ribbon cutting that was 15 years in the making. Lisle officials on Thursday evening celebrated the grand opening of Marq on Main, a new...

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Darwin Realty brokers two sales, two leases
News 1 week ago
Darwin Realty brokers two sales, two leases

ELMHURST -- Darwin Realty Principal Noel S. Liston and Associate Nick Krejci recently represented four end users in the purchase or lease of new...

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Principle breaks ground on new office/warehouse project
News 1 week ago
Principle breaks ground on new office/warehouse project

LIBERTYVILLE -- Principle Construction Corp. recently broke ground on a new, 126,611 square foot warehouse and office building for Pharma Logistics...

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Marcus & Millichap sells Fox Lake apartment building
News 1 week ago
Marcus & Millichap sells Fox Lake apartment building

FOX LAKE -- Marcus & Millichap sold Fox Valley Apartments, a 12-unit apartment property in Fox Lake, according to Steven D. Weinstock, regional...

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Lee & Associates brokers W. Chicago lease
News 1 week ago
Lee & Associates brokers W. Chicago lease

WEST CHICAGO -- Terms of the transaction were not announced. Jay Farnam, executive vice president of Lee & Associates' Illinois office, represented...

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Brown & Joseph signs lease in Itasca
News 1 week ago
Brown & Joseph signs lease in Itasca

ITASCA -- CBRE recently represented Brown & Joseph LLC in a 23,310-square-foot lease at One Pierce Place in Itasca. Brown & Joseph is a national...

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Brown Commercial brokers three property deals
News 1 week ago
Brown Commercial brokers three property deals

ELK GROVE VILLAGE -- Brown Commercial Group recently brokered three transactions totaling 16,500 square feet in the suburbs. President Dan Brown,...

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Principle completes Celerity Pharmaceuticals build-out
News 1 week ago
Principle completes Celerity Pharmaceuticals build-out

ROSEMONT -- Principle's offices are located in the same building. Celerity Pharmaceuticals, LLC, a member of the Capstone Development Services...

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Why Civic Federation is calling for changes to property tax appeal board
News 1 week ago
Why Civic Federation is calling for changes to property tax appeal board

Cook County property owners make up nearly 84% of the Illinois Property Tax Appeal Board's case backlog. That's according to an analysis by the The...

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Lake Villa pursuing agreement with Lake County for inspection services
News 1 week ago
Lake Villa pursuing agreement with Lake County for inspection services

A pair of agreements with Lake County about property inspections is expected to improve efficiency for Lake Villa and convenience for residents....

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4-story apartment building coming to office park across from former Motorola campus
News 2 weeks ago
4-story apartment building coming to office park across from former Motorola campus

The Schaumburg village board on Tuesday approved plans to knock down the Discovery Office Park across from the former Motorola Solutions campus and...

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Cawley sells Downers Grove office for $749,000
News 2 weeks ago
Cawley sells Downers Grove office for $749,000

DOWNERS GROVE -- The Cawley Chicago office team recently completed the sale of a 6,135 square foot office building at 1225 Warren Ave. in Downers...

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Proposed St. Charles apartments targeting young professionals
News 2 weeks ago
Proposed St. Charles apartments targeting young professionals

Developers say they are targeting young professionals with a proposal to build 66 luxury rental apartments on the east side of St. Charles. Prairie...

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Development renamed Elion Logistics Park 55
News 2 weeks ago
Development renamed Elion Logistics Park 55

WILMINGTON -- Real estate investment firm Elion Partners said it has renamed the former RidgePort Logistics Center in Wilmington to Elion Logistics...

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Marcus & Millichap sells Texas property for $2.8 million
News 2 weeks ago
Marcus & Millichap sells Texas property for $2.8 million

OAK BROOK -- Commercial real estate investment services firm Marcus & Millichap said it has sold the 7,500-square foot net-leased Davita Dialysis...

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Schaumburg business leaders get update on local economy
News 2 weeks ago
Schaumburg business leaders get update on local economy

Schaumburg is the second largest hub of economic activity in Illinois, and members of the Schaumburg Business Association heard Tuesday from three...

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National nonprofit buys two affordable housing buildings in Elgin
News 2 weeks ago
National nonprofit buys two affordable housing buildings in Elgin

The national nonprofit Preservation of Affordable Housing has bought two affordable housing buildings in Elgin, with plans to improve them and add...

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Hudson's Bay executive leads bid to take retailer private
News 2 weeks ago
Hudson's Bay executive leads bid to take retailer private

NEW YORK -- A group of shareholders of Saks Fifth Avenue's parent is making an offer to take the struggling department store chain private. The...

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As Walmart turns to robots, it's the human workers who feel like machines
News 2 weeks ago
As Walmart turns to robots, it's the human workers who feel like machines

To Walmart executives, the Auto-C self-driving floor scrubber is the future of retail automation -- a multimillion-dollar bet that advanced robots...

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