ROSEMONT, IL-A crippled airline industry, victim of the September terrorist attacks, bodes ill for the O'Hare real estate market. Conditions were already a little soft, even before September 11.
WHEELING, IL-In these recessionary times, fewer industrial real estate deals are going through in the suburbs. Spec building in particular has slowed to a crawl, but build-to-suits are still moving from the drawing boards to completion.
JOLIET, IL-In the first major deal since the redevelopment of the former Joliet Arsenal, a 300,000-sf distribution center will be built there for Partners Warehouse Inc.
AURORA-IL-The current slowdown hasn't meant the end of spec industrial construction, at least in Chicago's far western suburb of Aurora, where a number of new projects have broken ground this summer.
CHICAGO-Although the economy may be slower now than it has been in a number of years, a new report finds that the appetite of investors for retail properties in the northern suburbs is still strong.
CHICAGO-Montgomery Wards, one of the largest privately held retail chains in the country, can no longer make a go of it after over 130 years in business.
KENOSHA, WI - Riverboat casino operators inks a deal to build a new Indian casino just north of the Illinois border, midway between the Chicago and Milwaukee markets.