Several suburban submarkets don’t have trouble attracting tenants.   CHICAGO—The suburban region may have a persistently high vacancy rate, but class A properties in towns like Schaumburg, Oak Brook and a few others, are seeing very strong demand for office space. And many landlords stand ready to upgrade such properties. Officials from Chicago-based Core Acquisitions, … Continued

A boutique commercial real estate investment firm plans to spend $7 million renovating an office building on Roselle Road in Schaumburg. Chicago-based Core Acquisitions in planning an extensive renovation and repositioning of Chatham Centre, a Class A office building. Chatham Centre is a 10-story, 205,000-square-foot office building on the southeast quadrant of the new I-90/Roselle … Continued

Core Acquisitions acquires regional shopping center in Bloomington, IL An affiliate of Core Acquisitions has acquired the Bloomington Commons shopping center in Bloomington, Illinois. The grocery-anchored shopping center, which features national and regional tenants, is located at the intersection of Veterans Highway and E. Empire Street at the center of the retail trade area in … Continued

LOCKPORT – Lockport officials are considering development plans for new construction at the Lockport Square shopping center, which will include a Panera Bread. Adam Firsel, a partner with Lockport Gateway LLC, presented the proposal for the 7,940-square-foot, two-tenant building at the development site located on the corner of Interstate 355 and 159th Street to the … Continued

Editor’s note: Minnesota Snapshot reports interesting sales and development projects happening throughout Minnesota. The transactions are based on the certificates of real estate value filed with the state Department of Revenue, copies of which are available with the story at financecommerce.com. Other items may come from government agendas and news releases. While other landlords are … Continued