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

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