How supply and demand is playing out in Chicago's office market

Chicago Biz Journals 4/19 3:00A Alex Zorn

With fewer new office buildings being brought to market, 20- to 30-year-old buildings are starting to see increased leasing activity in Chicago.

Stonepeak acquires 3 Chicago-area industrial buildings for $125 million

Chicago Biz Journals 4/18 9:13A Ben Miller

The three buildings, totaling 1.7 million square feet and located in Elwood, were acquired from CenterPoint Properties of Oak Brook.

TegoTech crowned 2024 Inno Madness winner

Chicago Biz Journals 4/18 9:04A Alex Zorn

One venture rose to the top in our month-long competition in which readers cast votes to advance companies based on this question, "Which company would you invest in?"

United Airlines dropped unpopular fee during pandemic, and CEO says it isn't coming back

Chicago Biz Journals 4/18 8:51A Mark Calvey

United sees an opportunity to get more money out of premium passengers who are willing to pay up for more room and amenities.

Molson Coors' big year leads to some big executive paydays

Chicago Biz Journals 4/18 8:45A Drew Dawson

Molson Coors executives saw increases in total compensation for 2023.

Northern Builders developing 2 industrial build-to-suit facilities at Cherry Hill Business Park

Chicago Biz Journals 4/18 7:44A Wendell Hutson

Northern Builders Inc. will construct two build-to-suit facilities at the Cherry Hill Business Park along Interstate 80 outside of Chicago.

New Lenox sets groundbreaking for $100 million sports complex

Chicago Biz Journals 4/17 9:51A Wendell Hutson

The project is expected to generate $30 million annually in economic development for the Chicago suburb.

After down Q1, could a 'window open' soon for Chicago tech IPOs?

Chicago Biz Journals 4/17 7:55A Alex Zorn

PitchBook released its Q1 2024 startup fundraising numbers, and while Chicago saw a slight bump compared to year-over-year and national numbers, founders continue to face a difficult road as exits remain hard to come by.

First Financial Bank enters Chicago market

Chicago Biz Journals 4/17 7:24A Ben Miller

First Financial Bank is opening in the Chicago’s Fulton Market neighborhood.

Suburban Chicago-based mattress company launches new brand of sleep products

CBS Chicago (News) 4/17 4:56A Jamaica Ponder

CHICAGO (CBS) In honor of Earth Day on Monday, we're highlighting a unique company that's changing the way people sleep. The company SleepOnLatex makes eco-friendly mattresses and just launched a new brand called "Earthfoam." Their main focus may...

United Airlines took a $200 million hit in Q1 due to grounding of Boeing planes

Chicago Biz Journals 4/16 11:31A Ben Miller

United is adjusting its fleet expansion plans due to production problems at Boeing, and plans on adding at least 35 more Airbus planes to its fleet.

Tax bills for metro Chicago homeowners are rising. The worst may lie ahead.

Chicago Biz Journals 4/16 11:11A Ashley Fahey

A dramatic increase in home prices is one reason tax bills for local homeowners have been on the rise. But analysts say it may just be the tip of the iceberg.

Habitat for Humanity set to relocate ReStore outlet to Fox River Commons

Chicago Biz Journals 4/16 10:05A Wendell Hutson

Habitat for Humanity's Chicago chapter is relocating its resale store in Aurora to Fox River Commons.

CD One Price Cleaners continues Chicago expansion with new satellite sites

Chicago Biz Journals 4/16 9:36A Wendell Hutson

CD One Price Cleaners plans to open at least eight more suburban Chicago locations by year-end.

What RedShelf's 20,000-square-foot sublease signals about tech interest in the Central Loop

Chicago Biz Journals 4/16 9:21A Alex Zorn

RedShelf, a digital textbook startup in Chicago, is moving its headquarters to the Central Loop. Stakeholders don't think the company is alone in its thinking.