Hoffman Estates
Property Tax Law Firm Adds Attorney with Gov’t. Background
O’Keefe Lyons & Hynes, LLC, a commercial property tax law firm based in Chicago, added Douglas J. LaSota as an attorney at… Read more
Sears Will Shutter One-Third of Its Remaining Stores
The parent company of Hoffman Estates, IL-based Sears said Thursday it would close more than one-third of its remaining stores,… Read more
Connect Chicago Experts Map Out What’s Next for CRE
By Paul Bubny More than 400 industry professionals convened at the Intercontinental Chicago Magnificent Mile on Tuesday for Connect Conferences’… Read more
Sears Cuts 250 Corporate Jobs; No Plans to Close HQ
Sears said it will cut 250 jobs at its corporate headquarters in Hoffman Estates, IL beginning in late October. However,… Read more
Sears Hometown Sells Outlet Business for $133M
Sears Hometown and Outlet Stores, which spun off from Sears Holdings prior to the parent company’s bankruptcy, is selling its… Read more
Wight Will Serve as Master Architect on Bell Works Chicagoland
Wight & Company has been retained by Somerset Development to provide design services for Bell Works Chicagoland, a redevelopment project that will… Read more
Planmeca Takes Over Former Serta Building for U.S. HQ
Dental equipment manufacturer Planmeca USA Inc. purchased the former Serta Mattress Co. building at 2600 Forbs Ave., in Hoffman Estates,… Read more
CBRE Brokers Trade of Hoffman Estates Apartment Complex
CBRE recently represented Greenwood Capital Investment LLC in the sale of Autumn Chase Apartments, a 550-unit multifamily property in Hoffman Estates, IL,… Read more
Class A Office Demand Stays Strong in Chicago’s Suburbs
In common with other office markets, suburban Chicago is seeing a flight to quality. Although leasing activity in the suburbs… Read more
AT&T Campus in Hoffman Estates Set for Transformation
The former AT&T campus in Hoffman Estates will be getting the Bell Works treatment. Somerset Development, which transformed a two-million-square-foot… Read more
Lampert Offers $4.4B to Keep Sears in Business
Sears Holdings has until this Friday, Jan. 4, to notify potential buyers whether their offers have been accepted as qualifying… Read more
Sears Chairman Makes $4.6B Bid for Bankrupt Retailer
Sears Holdings chairman Eddie Lampert is proposing to buy the bankrupt retailer’s remaining 500 stores along with other businesses in… Read more
Sears, Kmart Bankruptcy Could Cost California More Than 1,200 Jobs
Sears Holdings’ bankruptcy protection filing on Oct. 14 was viewed as a last-ditch effort to save the once-proud, but struggling,… Read more
HFF Brokers Industrial Portfolio Sale for Globe
HFF has brokered the $38-million sale of a seven-property industrial portfolio totaling 447,059 square feet across Greater Chicago. The firm’s… Read more
Sears Chapter 11 Expected; $10B in CMBS at Risk
With Sears Holdings announcing that it had added a restructuring expert to its board, and published reports that it had… Read more
Bystronic Breaks Ground on U.S. HQ Near Chicago
Bystronic broke ground on a U.S. corporate headquarters and advanced Experience Center in Chicago’s Hoffman Estates suburb. The 162,875-square-foot build-to-suit… Read more
CMBS Delinquencies Remain Elevated in Chicago
As July ended, Chicago’s CMBS delinquency rate was the third-highest of major U.S. metros at 5.3%, according to Trepp data.… Read more
DMG Mori Will Relocate U.S. HQ to Bronzeville
Following a meeting with Mayor Rahm Emanuel during the mayor’s recent trade mission to Japan, DMG MORI said it will… Read more
Vacant AT&T Campus May Get New Life as MXU
Although still in the early conceptual stages, a plan by New Jersey developer Somerset Development could do for the former… Read more